Jedi Survivor and FIFA drive Q1 growth at EA
pcgamesinsider.bizStar Wars Jedi: Survivor and EA's football business drove a strong start to the company's financial year.
That's according to the publishing giant's report for the first quarter of the 23/24 fiscal year, in which it reported $1.92 billion in revenue, a nine per cent increase year-on-year. Meanwhile, net bookings shot up 21 per cent to hit $1.58 billion, while net income rose 29 per cent to $402 million.
In its release for the three months ending June 30th, 2023, the firm reported that its FIFA series saw net bookings 'accelerate' while Star Wars Jedi: Survivor has been played by "millions" of players around the world.
“EA delivered a record Q1, driven by strong momentum in EA Sports global football and Star Wars Jedi: Survivor,” company CEO Andrew Wilson (pictured) said.
“Our exceptional teams are creating innovative entertainment experiences across our multi-year pipeline, starting with the highly anticipated, culture-defining titles Madden NFL 24 and EA Sports FC 24.”
CFO Stuart Canfield added: "We had a strong start to the fiscal year, with net bookings growth of 21 per cent year over year, highlighted by new releases, continued live services growth, healthy engagement, and new player acquisition. Looking ahead, our teams remain focused on delivering long-term growth and profitability.”
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