{"id":58702,"date":"2018-10-30T23:29:00","date_gmt":"2018-10-30T23:29:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/329697"},"modified":"2018-10-30T23:29:00","modified_gmt":"2018-10-30T23:29:00","slug":"fifa-madden-drive-a-strong-q2-for-ea-ahead-of-battlefield-v","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/10\/30\/fifa-madden-drive-a-strong-q2-for-ea-ahead-of-battlefield-v\/","title":{"rendered":"FIFA &amp; Madden drive a strong Q2 for EA ahead of Battlefield V"},"content":{"rendered":"<p>Electronic Arts published its latest <a href=\"https:\/\/s22.q4cdn.com\/894350492\/files\/doc_financials\/2019\/q2\/Q2-FY19-Earnings-Release-with-Financial-Statements.pdf\">earnings report<\/a> today, and while both revenues and profits were up year-over-year, lower-than-expected forecasts for next quarter &#8212; the big holiday quarter &#8212; seem to have\u00a0<a href=\"https:\/\/finance.yahoo.com\/news\/eas-holiday-quarter-revenue-forecast-213108882.html\">driven\u00a0EA&#8217;s stock price<\/a> down.<\/p>\n<p>EA reportedly earned $255 million in profits on $1.28 billion in revenues generated during its second quarter, which encompasses the three months prior to September 30th.<\/p>\n<p>That seems quite a bit better than the same period last year, when EA lost $22 million on $959 million in revenues.\u00a0<\/p>\n<p>The company chalks its recent good fortunes up to strong revenues generated by its EA Sports games, most notably\u00a0<em>Madden 19\u00a0<\/em>and\u00a0<em>FIFA 19\u00a0<\/em>(pictured).<\/p>\n<p>Looking ahead, EA predicts it will bring in ~$1.73 billion in revenues next quarter (which will see it launching <em>Battlefield V<\/em>), which apparently is a bit less than the $2 billion expected by investors. All told, EA expects to earn\u00a0nearly a billion dollars in profit (~$962 million) on ~$5.15 billion in revenues generated during its current fiscal year, which ends March 31st.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electronic Arts published its latest earnings report today, and while both revenues and profits were up year-over-year, lower-than-expected forecasts for next quarter &#8212; the big holiday quarter &#8212; seem to have\u00a0driven\u00a0EA&#8217;s stock price down. EA reportedly earned $255 million in profits on $1.28 billion in revenues generated during its second quarter, which encompasses the three [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":58703,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-58702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/58702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=58702"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/58702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/58703"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=58702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=58702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=58702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}