What you need to know
- EA has shared its latest financial results.
- EA Play subscription service has grown to almost 13 million players.
- This growth was heavily attributed to being included with Xbox Game Pass Ultimate.
Today, Electronic Arts shared its financial results for fiscal year Q3 2021. One of the highlights is the split of digital to physical sales, as EA reports a 62% digital share in the last 12 months. Apex Legends saw 30% year-over-year growth in players, while net bookings overall for the past twelve months reached $5.9 billion.
EA also spoke on its ongoing acquisition of Codemasters, which is intended to build a "racing powerhouse." EA deems it a "natural fit" with "clear opportunities" for EA Sports, while EA also expects to further finalize the process tomorrow, February 3.
During its earnings call, EA noted that EA Play being combined with Xbox Game Pass Ultimate has "accelerated" its growth, with almost 13 million players across all platforms.
For upcoming game releases, Mass Effect: Legendary Edition is set to be released on May 14, 2021. EA says that it has 35 games in various stages of development, including the next Battlefield, which takes full advantage of the power of next-gen system like the Xbox Series X, Series S and PS5. The game also features maps of "unprecedented scale" with more players than ever before.
This new Battlefield game is still on track to be released in Holiday 2021, with EA saying the team is actually ahead of internal milestones for development. The game focuses on "all-out military warfare" indicating its likely a return to modern times.
For more information on EA's recent earnings, you can take a look at EA's Q2 2021 financial results.
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