EA Earnings Are Down for the First Quarter of 2019 - Videogames Blogs

EA Earnings Are Down for the First Quarter of 2019



EA released two high-profile games in the first quarter of 2019, Apex Legends and Anthem, and launched Battlefield V?s battle royale mode. However, the major publisher is having a rough start so far, as profits are down from 2018. EA?s net revenue for the beginning of 2019 was $1.2 billion, which is down from the $1.6 billion it made in 2018. In addition, net income was at $209 million, down from $607 million the year prior. EA held off on disclosing any sales figures for its titles.
Despite Apex Legends having a stealth release, with no prior promotion or hype, it went on to be wildly successful for the publisher. It got 50 million players in its first month alone, with 30 percent of players never playing an EA title before. However, there have also been questions of its staying power, as it appears to be losing some of its steam. Some have attributed this to less frequent updates than some of its battle royale contemporaries, but Respawn Entertainment is sticking to its plan. EA has already confirmed we?ll get our first look at its second season at EA play in June 2019, so there?s a chance it can regain some of its momentum.
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Anthem, on the other hand, has been troubled from the start. While its sales have been pretty strong, it has received criticism from fans and critics alike for its numerous bugs and issues found throughout the game. BioWare has c...
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