Q1 Non-GAAP Net Revenue and EPS In-Line with Guidance, EPS Beats Consensus
Trailing Twelve Month Non-GAAP Digital Net Revenue a Record
EA announces
Battlefield 3 Premium Service Sold Over 1.3M Subscriptions To Date
Pre-Orders for Madden NFL 13 Up 25% Year-Over-Year
EA Signs Publishing Agreement with Nexon for FIFA Online 3 in
"We have established an unmatched diversity in our business with
multiple brands performing across several channels, business models and
geographies," said Chief Executive Officer
"We had a solid first quarter and are reconfirming non-GAAP guidance of
annual earnings per share growth of 30% at the midpoint of our
guidance," said Interim Chief Financial Officer
"We continue to make progress in our goal of becoming the leading
digital entertainment company," said President of EA Labels
Selected Operating Highlights and Metrics:
*On a non-GAAP
basis
Q1 Financial Highlights:
For the quarter, non-GAAP net revenue of
(in millions of $ except per share amounts) |
Quarter
Ended |
Quarter
Ended |
|||||||||
Net Digital Revenue | $ | 342 | $ | 232 | |||||||
Net Publishing Packaged Goods and Other Revenue | 592 | 647 | |||||||||
Net Distribution Packaged Goods Revenue | 21 | 120 | |||||||||
GAAP Total Net Revenue | 955 | 999 | |||||||||
Non-GAAP Net Digital Revenue | $ | 324 | $ | 209 | |||||||
Non-GAAP Net Publishing Packaged Goods and Other Revenue | 146 | 195 | |||||||||
Non-GAAP Net Distribution Packaged Goods Revenue | 21 | 120 | |||||||||
Non-GAAP Total Net Revenue | 491 | 524 | |||||||||
GAAP Net Income | $ | 201 | $ | 221 | |||||||
Non-GAAP Net Loss | (130 | ) | (123 | ) | |||||||
GAAP Diluted Earnings Per Share | 0.63 | 0.66 | |||||||||
Non-GAAP Diluted Loss Per Share | (0.41 | ) | (0.37 | ) | |||||||
Cash Used in Operations | $ | (244 | ) | $ | (274 | ) | |||||
Trailing Twelve Month (TTM) Financial Highlights:
(in millions of $ except per share amounts) |
TTM
Ended |
TTM
Ended
|
|||||||||
GAAP Net Revenue | $ | 4,099 | $ | 3,773 | |||||||
GAAP Net Income (Loss) | 56 | (151 | ) | ||||||||
GAAP Diluted Earnings (Loss) Per Share | 0.18 | (0.47 | ) | ||||||||
Non-GAAP Net Revenue | $ | 4,153 | $ | 3,813 | |||||||
Non-GAAP Net Income | 277 | 188 | |||||||||
Non-GAAP Diluted Earnings Per Share | 0.80 | 0.57 | |||||||||
|
$ | 307 | $ | 194 | |||||||
Q1 FY13 Digital Metrics:
(in millions) |
Quarter
Ended
|
Quarter Ended
|
|
||||||
GAAP Net Mobile Revenue |
|
|
|||||||
Non-GAAP Net Mobile Revenue |
|
|
|||||||
Monthly Active Users (MAU) in Social Games | 41 | 32 | |||||||
Core Registered Users |