EA Earnings Down Despite Digital Growth
EA reported earnings for the first quarter of its 2014 fiscal year today, pointing to Battlefield 3 and FIFA Soccer 13’s continued success. FIFA earned EA more than $70 million in digital revenue for the quarter (which began on April 1, 2013 and ended on June 30th), a 92% increase over FIFA 12 last year. Battlefield 3’s Premium service also continued to grow, surpassing 4 million members this year.
EA noted that digital revenue has grown 30% compared to last year, earning $482 million compared to last year’s $342 million. Notable successes on the digital front included Real Racing 3, which has passed 45 million downloads and has an average of two million daily users, and The Simpsons: Tapped Out, which “recorded its highest revenue quarter” since launch.