343iBot Posted February 2, 2021 Report Share Posted February 2, 2021 Game publisher Electronic Arts has announced earnings results for its big holiday quarter that ended December 31, and the company is doing great, with live services AKA microtransactions helping fuel the publisher to some big numbers, though it wasn't all good news. Total revenue for the three-month period was $1.673 billion, compared to EA's projection of $1.675 billion. For the trailing 12 months, EA pulled in revenue of $5.956 billion, which is up 8% year-over-year. Looking at money in the bank, EA made a profit of $1.179 billion for the trailing 12 months, compared to a profit of $2.83 billion for the same period last year (though this number includes the impact of a one-time tax benefit). Live services is big business for EAEA also called out its EA Sports games for their performance, reaching more than 230 million people in the past year. FIFA's Ultimate Team mode, meanwhile, reached a new record high of 6 million daily active players in December 2020. Continue Reading at GameSpotView the full article Quote Link to comment Share on other sites More sharing options...
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