Electronic Arts Reports Strong Q1 FY21 Financial Results
Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its first fiscal quarter ended June 30, 2020. "This was an extraordinary quarter, and we're deeply proud of everything our teams at Electronic Arts are doing for our players and communities," said CEO Andrew Wilson. "We launched new games, deeply engaged players in our live services, and welcomed tens of millions of new players to our network. It was an unprecedented first quarter of growth in our business, and we will continue building on that strength with more innovative experiences, more groundbreaking content, and more ways to connect with friends and play great games throughout the year."
"Player engagement through the first quarter was exceptionally high, and well above our forecast," said COO and CFO Blake Jorgensen. "Our Stay Home, Play Together initiatives have been a strong tailwind for the business, as players look for safe and social entertainment in these difficult times. We are focused on delivering high quality titles for our players, combined with our incredible ongoing live services and increasing reach across platforms and geographies which should continue to expand our business over time."
"Player engagement through the first quarter was exceptionally high, and well above our forecast," said COO and CFO Blake Jorgensen. "Our Stay Home, Play Together initiatives have been a strong tailwind for the business, as players look for safe and social entertainment in these difficult times. We are focused on delivering high quality titles for our players, combined with our incredible ongoing live services and increasing reach across platforms and geographies which should continue to expand our business over time."