EA Q1 results exceed its expectations despite 30% drop in income

Electronic Arts published its financials results for the first quarter of FY2025. Despite a decline across key metrics, the company said results were above its expectations, and is looking ahead to a promising Q2 following the successful release of EA Sports College Football 25, among others.

For three months ended June 30, 2024:

EA's net bookings declined 20% compared to the same period in the previous year, mostly due to a drop in full game sales (down 58% year-on-year). Live services held steady in comparison, only dropping 7% compared to Q1 FY24.

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