EA returns to profit as digital booms
Wednesday, 4th August 2010 at 12:24 pm
2011 Q1 financials are in; EA claims market leadership on HD consoles; Digital revenues leap 50%
Publisher-developer EA has reported income of $96m for the financial quarter ending June 30th 2010, a vast improvement over the $234m loss in suffered in the same period in 2009.
Of interest is the fact that digital revenues were up sharply, reaching $176m. Last year that figure stood at $117m, representing a 50 per cent year-on-year increase. Packaged revenue increased from $462m to $586m, an increase of 27 per cent.
North America accounted for 49 per cent of revenues, with Europe grabbing 44 per cent and Asia just seven per cent. This represents a gain for Europe, which stood at 39 per cent last year, and comes at the expense of North America which has lost six per cent.
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