EA returns to profit as digital booms

2011 Q1 financials are in; EA claims market leadership on HD consoles; Digital revenues leap 50%
Publish date:

Publisher-developer EA has reported income of $96m for the financial quarter ending June 30th 2010, a vast improvement over the $234m loss in suffered in the same period in 2009.

Of interest is the fact that digital revenues were up sharply, reaching $176m. Last year that figure stood at $117m, representing a 50 per cent year-on-year increase. Packaged revenue increased from $462m to $586m, an increase of 27 per cent.

North America accounted for 49 per cent of revenues, with Europe grabbing 44 per cent and Asia just seven per cent. This represents a gain for Europe, which stood at 39 per cent last year, and comes at the expense of North America which has lost six per cent.

Click here
to read the full story on our sister site MCV.