By using this site, you agree to our Privacy Policy and our Terms of Use. Close

EA Profits $221m In the June 2011 Quarter on $999m in Revenue - News

by VGChartz Staff , posted on 26 July 2011 / 8,956 Views

EA financial results for the June 2011 quarter have arrived. After previously projecting revenue of $910m to $950m for the quarter, EA revenue reached $999m, slightly ahead of forecast. In the June 2010 quarter, EA revenue on a GAAP basis reached $815m.

The company had expected profit to reach 44-53 cents per share on a GAAP basis for the quarter. With about 330m shares, that forecast came to $145m to $175m in profit. Actual profit for the quarter reached $221m, up from $96m in the June 2010 quarter. On a non-GAAP basis, which includes far less revenue due to accounting differences, EA lost $123m on $524m in revenue for the quarter

EA previously projected to earn $3.725-$3.950b in revenue for the March 2012 year. The company now expects full year revenue to reach $3.825b - $4.025b. Despite the revenue forecast bump, EA now expects profit / losses to range from -10 cents per share (-$33m) for the year to 21 cents per share in profit (up to $69m), compared to the previous forecast which ranged from a minimal 4 cent loss per share and a higher 26 cent profit per share.

For the June 2011 quarter, EA expects GAAP revenue to reach $675m to $725m, with non-GAAP revenue figures (due to deferring) will reach $925m to $975m. EA forecasts a loss of $287m - $340m for the quarter on a GAAP basis for the quarter, up from the previous projection.

Overall, EA made more money than it expected to for the quarter, but still lowered its profit forecast for the year. The company also raised its forecast for digital revenue to $1.1b to $1.15b from up to $1b previously.

For the June 2011 quarter, EA listed the following figures as highlights:

- Dead Space 2 & Dragon Age 2 have both topped 2m units lifetime to date. Portal 2 sold over 2m in the 'first quarter'.

- EA had two of the top ten Ipad games in June, and five of the top ten games for Verizon phones.

- EA was the number one publisher in the West with a 16% share of software in the June quarter.

- Four of the top 20 games in Western markets in the quarter were from EA: Tiger Woods, Fifa, Crysis 2 and Portal 2.

- Fifa 11 has topped 15m units when digital, retail and mobile platforms. Battlefield: Bad Company 2 topped 9m by the same measure (across all platforms).

- Digital revenue in the year to June 2011 was $854m - up 35% from the year to June 2010. Console digital revenue was up 91% in that same time frame. Digital revenue for the June 2011 quarter increased 11% from the June 2010 quarter to $209m.

EA also provided a breakdown of revenue for the quarter, summed up below:

- For the June 2011 quarter, EA's largest platforms by revenue were: X360 ($345m, +32% year over year), PS3 ($308m, +47%), PC ($205m, +10%), Mobile ($57m, +10%), Wii ($42m, +5%), 'Other' ($20m, -20%), PSP ($11m, -42%), DS ($8m, - 27%), PS2 ($3m, -73%)

- Over the past year EA has generated $1.138b in revenue on X360, $1.099b on PS3, $688m on PC, $268m on Wii, $235m on Mobile (platforms), $130m on 'Other', $93m on DS, $66m on PSP, and $56m on PS2.

More Articles

brendude13 (on 26 July 2011)



  • +2
Boutros brendude13 (on 26 July 2011)


  • 0
Kai Master (on 28 July 2011)

"Fifa 11 has topped 15m units when digital, retail and mobile platforms."
Wow ! That's an amazing (and likely a record for a football game ?) achievement ! I wish every publisher gives complete sales data for their games including digital.

  • +1
Kai Master Kai Master (on 28 July 2011)

and I forgot, that's 15M for mostly European sales as Americans and Japanese don't really care about football games.

  • +1
Ail (on 26 July 2011)

Not the same story for HD revenue as Ubisoft eh ?
That's why there is no rush to go next gen.........

  • +1
Boutros (on 26 July 2011)

That's a lot for FIFA 11 but I wish they would give us a better idea of the breakdown between each platform because one iPhone sale is not equal to one PS3 sale in terms of revenue.

  • +1
zuvuyeay (on 27 July 2011)

console digital up 91%,thats interesting even if its not that much money wise its a big increase in online traffic isn't it?

  • 0
Iveyboi (on 27 July 2011)

Congrats EA for making money for once. FIfa is just a monster and EA seems to have adapted well to the mobile market.

  • 0
MARCUSDJACKSON (on 27 July 2011)

nice. big bucks equals more/better games

  • 0
dsage01 (on 27 July 2011)

What wait 360 got more than PS3? That's something new. Well all those FPS games did better on 360 so..

  • 0
yahoocom1984 (on 26 July 2011)

This year is a big year for EA:

Battlefield 3 : 12 million

NFL 12: 6 million

FIFA 12: 15 million

Need for speed: The run: 4.5 million

  • 0
oniyide (on 26 July 2011)

@superchunk and you think those mobile games are AAA??? Tell me one that is

  • 0
yum123 (on 26 July 2011)

holy crap at fifa thats up there with cod and its yearly

  • 0
superchunk (on 26 July 2011)

sad... they make more money on mobile than Wii or DS. However, that's probably more due to the lack of AAA game support on Wii/DS.

  • 0
Zlejedi (on 27 July 2011)

Sad to see Dragon Crap 2 above 2 milions then again it's shipped and for all 3 platforms.

  • -1
Comment was deleted...