Electronic Arts

Electronic Arts Reports Strong Q2 FY24 Results

Retrieved on: 
Wednesday, November 1, 2023

(NASDAQ: EA) today announced preliminary financial results for its second quarter ended September 30, 2023.

Key Points: 
  • (NASDAQ: EA) today announced preliminary financial results for its second quarter ended September 30, 2023.
  • “We delivered a strong Q2 and successfully launched EA SPORTS FC, transforming one of the largest franchises in the world into a powerful, interactive platform for the future of football fandom,” said Andrew Wilson, CEO of EA.
  • Live services and other net bookings for Q2 was $1.129 billion, up 1% year-over-year (up 2% in constant currency).
  • EA SPORTS Madden NFL franchise outperformed Q2 expectations, delivering net bookings growth of 6% year-over-year.

EA SPORTS™ UFC® 5 Launches Worldwide – A New Era of Mixed Martial Arts Enters the Octagon®

Retrieved on: 
Friday, October 27, 2023

Electronic Arts Inc. (NASDAQ: EA) and UFC®, the world’s premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today released EA SPORTS™ UFC® 5 worldwide on PlayStation®5 and Xbox Series X|S.

Key Points: 
  • Electronic Arts Inc. (NASDAQ: EA) and UFC®, the world’s premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today released EA SPORTS™ UFC® 5 worldwide on PlayStation®5 and Xbox Series X|S.
  • (Photo: Business Wire)
    Damage in UFC 5 is depicted in visceral detail with true-to-sport accuracy.
  • More than 64,000 possible facial damage combinations, new fluid physics, and blood and sweat particle systems alter a fighter’s appearance throughout the fight.
  • Developed by EA Vancouver, UFC 5 is rated ESRB M (Mature) and PEGI 16, and is now available on PlayStation®5 and Xbox Series X|S.

Gaming Market size to grow by USD 102.13 billion from 2022 to 2027, The growing adoption of AR and VR games to drive market growth - Technavio

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.
  • The market is expected to be progressing at a CAGR of 9.12%, according to a recent market study by Technavio.
  • Therefore, increasing adoption of AR and VR games will drive the growth of the market during the forecast period.
  • The market share growth by the casual gaming segment will be significant for overall market growth during the forecast period.

WAX and Amazon Prime Gaming Collaborate to Bring In-Game Content to "Brawlers"

Retrieved on: 
Monday, October 30, 2023

GEORGE TOWN, Grand Cayman, Oct. 30, 2023 /PRNewswire/ -- Worldwide Asset Exchange (WAX), the most proven Web3 ecosystem for gaming, today announces a collaboration with Amazon Prime Gaming to offer its members in-game content for WAX's  flagship Web3 title "Brawlers" via Prime Gaming.

Key Points: 
  • A collaboration with Prime Gaming to offer its members in-game content for WAX's flagship title, Brawlers, brings forth a new era of gaming
    GEORGE TOWN, Grand Cayman, Oct. 30, 2023 /PRNewswire/ -- Worldwide Asset Exchange (WAX), the most proven Web3 ecosystem for gaming, today announces a collaboration with Amazon Prime Gaming to offer its members in-game content for WAX's  flagship Web3 title " Brawlers " via Prime Gaming.
  • Speaking on the collaboration, Richard Garfield said: "Teaming up with Amazon Prime Gaming marks a new chapter for Brawlers and the broader Web3 gaming sector.
  • "Collaborating with Amazon Prime Gaming marks a significant milestone in our distribution journey," said Michael Rubinelli, Chief Gaming Officer at WAX.
  • For gaming enthusiasts eager to enter the Brawlerverse on Amazon Prime Gaming, more information can be found via their active Discord community .

Welcome to the Club: A Look Into the First 24 Days of EA SPORTS FC 24

Retrieved on: 
Thursday, October 26, 2023

Today, Electronic Arts Inc. (NASDAQ: EA) revealed how fans are interacting with the World’s Game across the first 24 days of EA SPORTS FC™ 24 following worldwide launch.

Key Points: 
  • Today, Electronic Arts Inc. (NASDAQ: EA) revealed how fans are interacting with the World’s Game across the first 24 days of EA SPORTS FC™ 24 following worldwide launch.
  • View the full release here: https://www.businesswire.com/news/home/20231026069999/en/
    Welcome to the Club: A Look Into the First 24 Days of EA SPORTS FC 24 (PHOTO: EA SPORTS)
    In the 24 days since worldwide launch on September 29, there have been 1.6 billion games* played.
  • EA SPORTS FC 24 is just the beginning of our journey in building the fan-first future of football,” said Nick Wlodyka, SVP & GM of EA SPORTS FC.
  • With an incredible number of goals scored, strikers have had a busy start to FC 24.

Canada’s first unionized game developers vote unanimously in favour of strike action

Retrieved on: 
Monday, October 23, 2023

EDMONTON, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Members of the United Food and Commercial Workers Local 401 (UFCW Canada Local 401) working at Keyword Studios in Edmonton have unanimously voted in favour of strike action.

Key Points: 
  • EDMONTON, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Members of the United Food and Commercial Workers Local 401 (UFCW Canada Local 401) working at Keyword Studios in Edmonton have unanimously voted in favour of strike action.
  • The union representing workers at Keywords Edmonton, UFCW Canada Local 401, has filed an unfair labour practice complaint at the Alberta Labour Relations Board against their employer.
  • The workers at Keywords Studios were laid off in September amidst negotiations to achieve a first collective agreement.
  • UFCW Canada is the country's most innovative organization dedicated to building fairness in workplaces and communities.

EA to Release Second Quarter Fiscal Year 2024 Results on November 1, 2023

Retrieved on: 
Wednesday, October 11, 2023

Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the fiscal quarter ended September 30, 2023 after the close of market on Wednesday, November 1, 2023.

Key Points: 
  • Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the fiscal quarter ended September 30, 2023 after the close of market on Wednesday, November 1, 2023.
  • In conjunction with this release, EA will host a conference call to review its financial results for the fiscal quarter, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance.
  • EA’s financial results release will be available after the close of market on November 1, 2023 on EA’s website at http://ir.ea.com .
  • A dial-in replay of the conference call will be available until November 15, 2023 at (800) 770-2030 (domestic) or (647) 362-9199 (international) using pin code 5939891.

EA SPORTS FC Expands With Unveiling of EA SPORTS FC Tactical, a New Turn-Based Strategy Game for Mobile

Retrieved on: 
Wednesday, October 11, 2023

Electronic Arts Inc. (NASDAQ: EA) today revealed a first-look at EA SPORTS FC™ Tactical – a new way to play the World’s Game on mobile devices.

Key Points: 
  • Electronic Arts Inc. (NASDAQ: EA) today revealed a first-look at EA SPORTS FC™ Tactical – a new way to play the World’s Game on mobile devices.
  • View the full release here: https://www.businesswire.com/news/home/20231011072556/en/
    EA SPORTS FC™ Tactical invites players to experience a new genre for The World’s Game launching early 2024 (PHOTO CREDIT: EA SPORTS)
    The latest addition to the growing EA SPORTS FC™ ecosystem, EA SPORTS FC™ Tactical emphasises in-game strategies, such as stamina and power-play management.
  • “EA SPORTS FC Tactical embraces strategic gameplay to create an all-new football experience that immerses players in the World’s Game like never before,” said Nick Wlodyka, SVP, GM of EA SPORTS FC.
  • EA SPORTS FC™ Tactical will be available early 2024 for fans to experience and embark on an all-new football adventure.

Hydrow Names Craig Tello as Chief Experience Officer and Diana Cino as Chief Marketing Officer

Retrieved on: 
Tuesday, October 10, 2023

Hydrow , the leading at-home connected rowing brand that brings the on-water experience of rowing straight to your home, today announced Craig Tello has been named Chief Experience Officer, and Diana Cino has been promoted to Chief Marketing Officer.

Key Points: 
  • Hydrow , the leading at-home connected rowing brand that brings the on-water experience of rowing straight to your home, today announced Craig Tello has been named Chief Experience Officer, and Diana Cino has been promoted to Chief Marketing Officer.
  • As industry veterans with deep experience in strategy, customer lifecycles, digital content, and marketing, they support the company’s accelerated, strategic growth.
  • “Hydrow has cultivated a loyal customer base by focusing on authenticity, connection, and innovation, every step of the way,” said Craig Tello, Chief Experience Officer.
  • “I am thrilled to further announce Diana Cino’s promotion to Chief Marketing Officer.

EA SPORTS FC™ 24 Sees Massive Fan Engagement to Kick Off New Era of Football

Retrieved on: 
Friday, October 6, 2023

Today, Electronic Arts Inc. (NASDAQ: EA) shared details on fan engagement across its EA SPORTS FC™ ecosystem, with more than 11.3 million players worldwide, including through EA Play, hitting the pitch in EA SPORTS FC™ 24 through its first week.

Key Points: 
  • Today, Electronic Arts Inc. (NASDAQ: EA) shared details on fan engagement across its EA SPORTS FC™ ecosystem, with more than 11.3 million players worldwide, including through EA Play, hitting the pitch in EA SPORTS FC™ 24 through its first week.
  • EA SPORTS FC Mobile, the most immersive mobile football game yet, broke EA SPORTS Mobile Football franchise records with 2.2 million people installing the application on the first day.
  • We are building the world’s biggest football community through EA SPORTS FC, and we’re just getting started.”
    Fans who play EA SPORTS FC™ 24 still have the opportunity to become an FC Founder .
  • Download EA SPORTS FC Mobile on the App Store and Google Play Store to access the World’s Game in Your Pocket.