December 1, 2023

Digital Arts (EA) reported that it earned a internet revenue of $399 million on revenues of $1.9 billion within the quarter ending September 30. Revenues had been flat year-over-year (YOY) however the gaming big raised its annual earnings projections primarily based on stronger-than-expected gross sales of FC 24.

“We delivered a robust Q2 and efficiently launched EA SPORTS FC, reworking one of many largest franchises on the planet into a robust, interactive platform for the way forward for soccer [soccer] fandom,” EA CEO Andrew Wilson mentioned. “Wanting forward, our unbelievable groups will proceed to innovate and develop throughout our world-class IP, constructing experiences that entertain our large on-line communities, have fun fandom, and enhance connection for our rising international participant base.”

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EA reported that internet bookings—the variety of services and products bought digitally or sold-in bodily—within the quarter had been up 4 p.c YOY to $1.82 billion. Gross sales of EA SPORTS Madden NFL grew 6 p.c YOY, higher than anticipated. And EA SPORTS FC 24 had over 14.5 million lively accounts inside 4 weeks of its international launch, with the cellular model of the sport attracting one other 11 million installs.

FC 24 is the primary EA soccer/soccer title to not carry FIFA branding in nearly 30 years, so there was some concern that the change would influence gross sales. However it was the third-best-selling title in September, behind Mortal Kombat 1 and Starfield. Madden NFL 24, additionally from EA, was fourth.