EA reports Q4 FY12 and FY12 financial results

Erik Johnson
EA reports Q4 FY12 and FY12 financial results

EA has revealed its financial results for Q4 of fiscal 2012, as well as fiscal 2012 as a whole.

EA's total net revenue hit $1.36bn during Q4, a 24 per cent increase over the $1.09bn reported at the end of this same period in fiscal 2011.

Net revenue of packaged goods for the quarter was gauged at $949m, up from $879m reported last year from the same period. Revenue generated from digital sales nearly doubled year-over-year, from $211m to $419m.

Net income for Q4 was also up year-over-year, $400m for the period ending on March 31, 2012 as compared with $151m for the same period a year ago.

Unsurprisingly, EA credits the success to the launch of Mass Effect 3, as well as FIFA 12’s continued popularity.

Fiscal 2012 in general had net revenue at $4.14bn, up 15 per cent year-over-year compared to fiscal 2011’s $3.58bn figure.

Perhaps the biggest eye opener was FY2012 net income, which plummeted 263 per cent, from $276m in fiscal 2011 to just $76m this year.

EA states it expects an approximate net revenue of $4.07bn for fiscal 2013, nearly $1bn of which the company believes will be brought in during Q1 2013 (ending on June 30, 2012).

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Tags: ea , 2012 , q4 , financial report , MCV USA

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