EA's revenue climbs to $1.21 billion in Q1 2015

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EA's revenue climbs to $1.21 billion in Q1 2015
Electronic Arts reported a net revenue of $1.21 billion for the first quarter of the fiscal 2015 year (a three-month period that ended on June 30). That represents just over an eight percent increase compared to the company's revenue in the previous quarter ($1.12 billion) and a 27.9 percent increase year-over-year. It boosted its digital revenue by just over nine percent in the last quarter as well, from $491 million to $536 million.

EA saw a decrease in its net income by 8.7 percent in the last quarter, from $367 million in Q4 of fiscal 2014 to $335 million. The company's reported net income for the quarter still represents a 50.9 percent increase when compared to the same quarter last year ($222 million). As for its expectations for the second quarter of the financial year (ending September 30), EA anticipates a drop in net revenue to $965 million. The publisher also announced the delay of two games today: Dragon Age Inquisition will now arrive in November, whereas Battlefield Hardline was pushed back to 2015.
[Image: Electronic Arts]
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