Electronic Arts, or EA, has reported its financial results for the fourth quarter ending in December. The net bookings (total revenue minus online game expenses) amounted to $2.366 billion, which is a 1% increase compared to the same period last year. The growth was primarily driven by the live services and other segments, with a 3% increase to $1.712 billion. Overall, EA’s revenue stood at $1.945 billion, resulting in a net profit of $290 million.
The report also highlights the growth of EA Sports FC’s bookings, which saw a 7% increase compared to the previous year, fueled by the content related to the World Cup. This reflects the company’s strength in adapting to gaming trends under the FC brand.
Andrew Wilson, the CEO of EA, stated that the company remains focused on generating growth through various game franchises, delivering new games, and innovating the player experience globally.
TLDR: Electronics Arts (EA) reported a 1% increase in net bookings, reaching $2.366 billion for the fourth quarter. The growth was primarily driven by live services, resulting in a revenue of $1.945 billion and a net profit of $290 million. EA Sports FC’s bookings grew by 7%, showcasing the company’s ability to adapt to gaming trends. CEO Andrew Wilson emphasized the company’s commitment to franchise growth, new game releases, and enhancing the player experience worldwide.
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