EA growing: FIFA 23 and live services drive the positive results of Q2 2022

    The latest financial report of Electronic Arts which refers to the closure of the second quarter of the fiscal year 2022 highlights a constant growth of the US publisher in revenue and earnings, net of the fact that the numbers have grown less than in the past.

    EA's total revenue during this period is $1.9 billion apiece growth of 4% on an annual basis, while net earnings are $299 million for one 2% increase.



    "The second quarter was solid," said EA CFO Chris Suh. “We have once again delivered on our revenue and profit commitments, led by our own portfolio EA Sports and from ours cross-platform live service business. With our resilient business model, disciplined execution and solid foundation, we are poised to deliver long-term growth."

    For the first four weeks after launch, FIFA 23 saw an increase in sales units up 10% from last year's edition, with Ultimate Team players up 6% year-over-year. FIFA 23 has actually recorded the best debut for the football series.

    I live service continue to form a crucial part publisher's earnings, and were up 8% year-over-year this time of the fiscal year. Sales of standard games, on the other hand, decreased by 2%.

    Even the revenues from consul, which make up about two-thirds of all EA assets, decreased by 3%, while those generated by mobile devices they were up 27%, with finally revenue PC which grew by 12%.



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