Mass Effect Andromeda Makes Significant Contribution to EA’s Positive Q1 Financial Performance
Electronic Arts has shared its earnings report for the first quarter of fiscal year 2018, revealing net sales of $775 million. This is not only up by $93 million from the same period last year, but also $25 million more than expected.
The year-on-year growth has been attributed to sales of Mass Effect: Andromeda and FIFA. The BioWare title also made a significant contribution to the increase in EA’s digital sales, which amounted to a first quarter record of $681 million – up by $113 million from the same period last year.
2016’s Battlefield 1 has also been a success for the publisher as it now boasts a community of 21 million unique players. The DICE game helped to push net sales of live services up to $420 million, which is a year-on-year increase of 22 percent.
Overall, EA reported its highest Q1 operating cash flow in the company’s history. Net revenue amounted to $1.45 billion, which is above guidance by $24 million.
You can find EA’s full comments on the report here.