Electronic Arts Q3 Earnings Call Notes (83.43 -0.41)
- FIFA 17 was the best-selling console title in the world in 2016.
- E-sports competition has led to dramatic increases in engagement.
- Battlefield 1 was the biggest Battlefield launch ever.
- Unique player base was 50% larger than that of Battlefield 4 in its comparable launch quarter.
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EA Sports titles on mobile
- Madden NFL mobile continues to perform at the top of the charts.
- NBA LIVE and FIFA mobile are also doing well.
- In mobile Star Wars: Galaxy of Heroes outperformed expectations.
- Building and supporting deep communities, that allow titles to last for longer periods of time.
- FIFA 18 will build on story-mode foundation featuring new story lines.
- Madden NFL will transition to Frostbite engine for Madden 18.
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FY18
- New releases: NHL 18, Madden 18, all new NBA Live game launching in the fall of FY18, a UFC title, and a new Star Wars Battlefront during the holiday season.
- Will expand competitive gaming further.
- Will kick off competitive gaming for Battlefield later in the year.
- Will continue to build on mobile portfolio.
- Games will continue to receive major content updates throughout the year following their release to keep them fresh.
- Console market continues to strengthen, mobile continues to expand.
- 32% of unit sales are digital rather than physical, ahead of FY targets.
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Q4 GAAP Guidance
- Sees Q4 revs $1.48 bln, which may not be comparable to the $1.11 bln Capital IQ Consensus Estimate.
- Total profit/loss before tax of $641 mln.
- Expects FY17 to be biggest cash flow year ever.
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