EA net bookings hit $1.82B, up 4% in September quarter as soccer game takes off
venturebeat.comElectronic Arts reported financials for its fiscal second quarter ended September 30 with results driven by its newly renamed EA Sports FC soccer game today.
Net bookings for the quarter were $1.820 billion, up 4% from a year ago. Live services and other net bookings for Q2 were $1.129 billion, up 1% year-over-year. On a trailing twelve-month basis, live services were 73% of the gaming giant’s business. The company’s stock is up 5% to $130.25 a share in after-hours trading.
EA Sports FC 24, within the first four weeks of global launch, had over 14.5 million active accounts.
“We delivered a strong Q2 and successfully launched EA Sports FC, transforming one of the largest franchises in the world into a powerful, interactive platform for the future of football fandom,” said Andrew Wilson, CEO of EA, in a statement. “Looking ahead, our incredible teams will continue to innovate and expand across our world-class IP, building experiences that entertain our massive online communities, celebrate fandom, and increase connection for our growing global player base.”
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EA said that the EA Sports Madden NFL franchise outperformed Q2 expectations, delivering net bookings growth of 6% year-over-year.
In an analyst call, Wilson said, “Madden NFL 24 is off to a strong start, with almost 10% more players in the title year over year and driving over 10% growth in weekly average users. During the quarter, Madden mobile had more players diving into the game year over year, growing the community over 20%, and delivering double-digit
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