EA's revenue climbs 8% this quarter to $1.21 billion

EA revenue grew this quarter, hitting $1.2 billion, representing an 8% increase from its previous quarter.

| Jul 23, 2014 at 5:35 am CDT

Electronic Arts posted its results for the first quarter of the fiscal 2015 year (the three-month period that ended on June 30) where the company saw a net revenue of $1.21 billion. This is an 8% increase compared to EA's revenue in the previous quarter, which was $1.12 billion.

EA's revenue climbs 8% this quarter to $1.21 billion | TweakTown.com

When comparing to year-over-year results, it's an increase of 27.9%. The company has also increased its digital revenue by a little over 9% in the last three months too, increasing this revenue from $491 million to $536 million. EA's net income dropped 8.7% for the last quarter, dropping from $367 million in Q4 of fiscal 2014 to $335 million.

If we compare it to the same quarter of last year, EA's net income has increased by a whopping 50.9%. The company took the time to announce two delays for two of its biggest franchises, with Dragon Age: Inquisition being pushed back a month into November, and delaying Battlefield: Hardline into 2015.

Last updated: Jun 16, 2020 at 04:29 pm CDT

NEWS SOURCE:joystiq.com

ABOUT THE AUTHOR -

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Related Tags