EA (NASDAQ: ERTS) has announced its preliminary Q3 FY11 financials, which reveal EA Mobile's sales were $59 million for the three months ending December 2010.
This is up 5 percent year-on-year.
In comparison, the company experienced a 4 percent drop in Q2, although considering EA Mobile's massive 99c Christmas Apple App Store sale perhaps the uplift isn't surprisingly.
EA also bought UK iOS publisher Chillingo in October, so it's assumed its sales would now included in these figures.
Over the first nine months of its financial year, total sales were $160 million, up 2 percent year-on-year.
Big, bigger, best
EA claimed it was the #1 publisher in Western markets for iPhone, iPad and Windows Phone 7.
It further stressed its cross platform muscle, announcing the Kindle version of Scrabble was the #1 selling item on Amazon's e-reader in December, out-selling all individual book titles.
EA Mobile accounted for 5.6 percent of EA's overall GAAP net revenues of $1.05 billion.
Points mean prizes
Overall, EA made a GAAP loss of $322 million for the quarter.
PSP sales during the quarter were $22 million, down 27 percent year-on-year, while DS sales were $49 million, down 22 percent.
As a combined sector, EA's portable gaming sales (something it labels Mobile and Handhelds) were $130 million, down 13 percent year-on-year.
EA Mobile's non-GAAP sales (which strips out one-off costs and income to try and make year-on-year comparisons easier) were up 12 percent to $64 million.
Gonna be a long year
EA's overall non-GAAP sales were $1.4 billion, up 5 percent year-on-year.
The company finished the quarter with $1.35 billion in cash and cash equivalents, compared to $1.06 billion three month previous, up 27 percent.
For its FY11, EA expects to post GAAP net revenue is approximately $3.473 to $3.573 billion, with a loss of $0.90 to $0.77 per share.
It's also announced a $600 million share buy back plan which will occur over the next 18 months.
[source: EA]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
News
4 hours, 57 minutes ago
Apple reins in Vision Pro plans following dwindling demand and disappearing apps
News
6 hours, 31 minutes ago
FTC bans noncompete work clauses to encourage entrepreneurialism and higher pay
News
7 hours, 31 minutes ago
The amazing companies you could meet at next week's Dubai GameExpo Summit!
Feature
8 hours, 31 minutes ago
48 top mobile games in soft launch: Squad Busters, CSR 3, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
11 hours, 31 minutes ago
Mobile Mavens: Analysts share insights on Embracer Group's "rapid dissolution", "mature" split and nervy future
Events
App Promotion Summit London | Europe | Apr 25th |
Esports Future Summit | Middle East | Apr 27th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
News
Apr 17th, 2024