Electronic Arts had a strong start to the fiscal year, exceeding expectations due to outperformance from recent launches and strong execution in live services. The company raised its outlook for the full year, supported by ongoing confidence in live services.
Net bookings for the trailing twelve months were $6.136 billion, up 3% year-over-year.
More than 140 million players engaged with EA SPORTS™ games over the trailing twelve months.
Over 31 million players joined FIFA 21 on console and PC since launch.
Season 9 for Apex Legends™ averaged more than 13 million weekly active players and set a new record for peak daily players across all seasons.
For the second quarter of fiscal year 2022, ending September 30, 2021, Net revenue is expected to be approximately $1.775 billion, Net income is expected to be approximately $105 million, and Diluted earnings per share is expected to be approximately $0.36.
Visualization of income flow from segment revenue to net income