Things are looking rosy in general for EA, which today reported the results of its fiscal first quarter (April-June). While the company faced a $234 million net loss in the same period last year, this year the publisher recorded $96 million in net income during the quarter. Both digital revenues and revenues from packaged goods were up, though sales of distribution titles (EA Partners games) were down, suggesting that Green Day: Rock Band and APB sales weren’t quite what EA would have wanted.
EA had plenty of boasting to do in light of the quarterly revenue growth, claiming its status as “the #1 publisher on high definition consoles with 22 percent segment share” in the 2010 calendar year. The company also claimed itself to be the top PC publisher and, amazingly, the #1 publisher “across all platforms” in the App Store for the quarter. So that’s what that sale was for!
EA reports increased revenues in Q1 of new fiscal year originally appeared on Joystiq on Tue, 03 Aug 2010 17:50:00 EST. Please see our terms for use of feeds.
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