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Electronic Arts CEO Andrew Wilson said in an analyst call that he is optimistic about the year ahead based on the strength of its user growth, live services, and new titles coming.
EA ended the fourth fiscal quarter with 580 million users, fueled by growth from EA Sports FIFA, Apex Legends, and The Sims. FIFA Mobile saw new players surge 80% compared to a year ago. The numbers grew even though EA removed Russia and Belarus consumers from its market during the quarter due to the Ukraine war.
“EA delivered profitable growth in FY22, a record year in every important measure of our business,” Wilson said in an analyst call after reporting FYQ4 earnings. “Total players, engagement in our games and live services, net bookings, and underlying profit. We grew our global network of players to more than 580 million unique active accounts, fueled by new players joining titles including EA Sports FIFA, Apex Legends and The Sims, and new players that we welcomed from our acquisitions.”
Wilson credited EA’s intellectual property, talent, and player network engaged with live services. Apex Legends Mobile launches this month, and new updates are coming. EA has six EA Sports titles coming and more are in development.
EA’s upcoming titles include Need for Speed, Dead Space, Star Wars, The Sims, Skate, the Bioware franchises, and Lord of the Rings. The company’s two new studios in Seattle are working on new projects, the Motive studio has an unannounced title in development, and EA has more underway across its global studio teams.
EA has new titles like Dead Space coming. And it announced a new mobile game based on The Lord of the Rings
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