{"id":337800,"date":"2022-08-03T15:30:15","date_gmt":"2022-08-03T20:30:15","guid":{"rendered":"https:\/\/jbsgame.com\/?p=337800"},"modified":"2022-08-03T14:07:48","modified_gmt":"2022-08-03T19:07:48","slug":"ea-financial-results-q2-2022-fifa-f1-electronic-arts-codemasters","status":"publish","type":"post","link":"https:\/\/jbsgame.com\/ea-financial-results-q2-2022-fifa-f1-electronic-arts-codemasters\/","title":{"rendered":"EA delivers solid quarter revenue results, driven by F1 and FIFA Ultimate Team"},"content":{"rendered":"
It’s the turn of long-time developer\/publisher Electronic Arts to share its results from the most recent quarter of the 2023 financial year<\/a>. And while many publishers are showing a slump in overall revenue, EA seems to be relatively healthy, powered by its ongoing dominance over the sporting game industry.<\/p> Overall revenue for EA is up 14% year-on-year, which translates to a meaty $1.77 billion USD. Net income is also up \u2014 offering a huge 52% rise which equates to $311 million. It will probably come as zero surprise that the FIFA<\/em> franchise is still one of the aces in EA’s portfolio, with FIFA Mobile<\/em> and microtransactions service FIFA Ultimate Team continuing to grow in both revenue and users. FUT has, notably, seen its user base rise by 40% in the past 12 months.<\/p> It also seems that EA’s purchase of Codemasters was a very savvy decision, as the UK developer’s F1 22<\/em> has actually outperformed on the publisher’s expectations. Codemasters was, of course, purchased by EA for $1.2 billion back in early 2021.<\/a> EA was hoping that the acquisition would give it a dominant stake<\/a> in the racing game market, and it seems that the British studio is already delivering on those hopes.<\/p> This year’s FIFA<\/em> entry, FIFA 23<\/em>, will be the final football sim released with the official FIFA branding. While EA has a huge task ahead in rebranding one of the biggest and most profitable gaming franchises on the planet, the community knows where its dedication lies, and it seems hugely unlikely<\/a> that the loss of the FIFA brand will harm EA’s bottom line in the bigger picture.<\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":337801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"article_type":"","gamurs_wordpress_blocks_hide_tags":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[1],"tags":[904,19808,1294,246,279,550,171],"internal-label":[],"invoiceable_action":[],"article_type":[],"coauthors":[{"id":3,"display_name":"Chris Moyse","user_login":"Chris Moyse","user_nicename":"chris-moyse"}],"acf":[],"yoast_head":"\n