EA (NASDAQ: ERTS) has announced its Q1 FY12 financials, tracking a rise in EA Mobile revenues to $57 million for the three month period ending June 30.
This represents a rise of 9 percent year-on-year from the $52 million taken in Q1 FY11, but is a drop from the $70 million sales amassed during the previous Q4 holiday quarter.
In total, EA Mobile accounted for 5.7 percent of all EA's company wide revenues of $999 million in Q1.
The firm cited success across iOS throughout the quarter, including two of the top 10 paid titles on both iPhone and iPad in June.
Indeed, as a whole, EA's digital output has equal billing with boxed releases, with CEO John Riccitiello claiming its performance in both markets is behind the publisher's strong quarter.
Waiting for the PopCap pop
Overall sales for the whole of EA during Q1 FY12 were up 18 percent year-on-year to $999 billion.
The company made a profit of $221 million as compared with a net loss of $276 million for the previous quarter.
Non-GAAP net revenue for the quarter was $524, down 3 percent, while the non-GAAP loss was $123 million compared to $78 million a year ago an overall performance it put down to a fall in the number of major titles released, down from six a year ago to four this quarter.
As for Q2 FY12, EA expects to make between $675 and $725 million in revenue, though it could be higher, given the firm claims it's using only "preliminary estimates" for PopCap's return throughout the quarter.
"With blockbuster titles like Plants vs. Zombies, Bejeweled, and Zuma, and a proven ability to create new hits, PopCap is a leader in the fast growing market for casual digital games," EA said of the purchase, set to be completed by August.
"The PopCap acquisition is expected to be neutral to fiscal 2012 non-GAAP and GAAP EPS, at least $0.10 accretive to fiscal 2013 non-GAAP EPS and $0.10 dilutive to fiscal 2013 GAAP EPS."
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
Feature
6 hours, 39 minutes ago
Hot Five: Disney x Fortnite, Sega’s sonic speed, and a potential Keywords Studios buyout
Feature
May 27th, 2024
“There has been an increase in funding opportunities for African developers with more exciting times to come"
Events
Unreal Fest Gold Coast 2024 | Australasia | May 29th |
For The Win 2024 | Europe | May 29th |
Indie Craft K-Game Festival 2024 | Europe | May 31st |
Indie Game Fest & Indie Campus 2024 | Europe | May 31st |
Game Access Conference 2024 | Europe | May 31st |
GDCy Fest 2024 | May 31st | |
GameSummit Summer 2024 | Jun 1st | |
BostonFig Online 2024 | Jun 1st |