EA Sports Drives Growth For EA’s Q2 2018 Revenue

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EA reported net revenue was up 7% year-on-year at $959 million in its Q2 2018 earnings yesterday.  Net losses for the business narrowed from $38 million to $22 million compared to the same period last year.

Its EA Sports division was credited for helping to drive revenue growth with a healthy and full catalogue of games including Madden NFL 18, FIFA 18, NBA Live 18 and NHL 18.

“It was a strong second quarter for Electronic Arts, with players around the world captivated by our new EA SPORTS titles, top-performing mobile games, and expanding esports competitions,” said Chief Executive Officer Andrew Wilson. “The digital transformation is accelerating across our industry, and we are well-positioned for continued growth with more stunning new titles, thriving event-driven live services including competitive gaming, and continuing innovation for our players on all platforms.”

EA also reported strong growth in its BattlefieldTM 1 community reaching more than 23.5 players worldwide. Monthly active players for The SimsTM 4 on PC were also highlighted in the report as increasing more than 40% year-on-year.

More details on EA’s Financial Results for Q2 2018 can be found here.