Electronic Arts (EA) reported its performance for the quarter ending in September 2024, with net booking numbers reaching $2.079 billion. CEO Andrew Wilson attributed this success to the diverse portfolio of the game lineup, aligning with the company’s strategy.
Revenue for EA in the previous quarter increased to $2.025 billion, with a net income of $294 million. The American football series continues to be a major revenue generator for EA, with bookings expected to exceed $1 billion in the fiscal year 2025. Player engagement hours have also increased by 140% from the previous year, indicating strong interest in the games.
Additionally, The Sims 4 continues to see growth, with over 15 million players in the past year.
TLDR: EA’s financial report for the quarter ending in September 2024 shows a significant increase in revenue and net income, driven by successful game titles and increased player engagement. The American football series and The Sims 4 remain key contributors to EA’s overall performance.
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