Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday November 02, 2016

Electronic Arts Reports Q2 FY17 Financial Results

Electronic Arts Inc. today announced preliminary financial results for its second fiscal quarter ended September 30, 2016. "Q2 was an excellent quarter for Electronic Arts, led by breakthrough new EA SPORTS titles engaging players across console and mobile," said Chief Executive Officer Andrew Wilson. "We are in an outstanding position for the quarter ahead, with two of the highest-rated games of this console generation in Battlefield 1 and Titanfall 2, global competitive gaming tournaments underway, and our first virtual reality experiences coming soon. Across all platforms, this holiday season will be a fantastic time to play." "Net sales in the quarter were better than expected driven by outperformance in FIFA, and supported by strong year-on-year growth in mobile," said Chief Financial Officer Blake Jorgensen. "We are raising our annual guidance today based on the strength of our holiday slate and FIFA 17’s strong performance to date."

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