Electronic Arts Inc. (NASDAQ: EA) reported better-than-expected sales for its fourth quarter.
The Redwood City, Calif-based company announced Tuesday that Digital net bookings for the trailing 12 months was $3.722 billion, up 5% year-over-year and represents 75% of total net bookings.
Net cash from operating activities was $599 million for the quarter and $1.547 billion for the trailing 12 months.
During the quarter, EA launched two new original IP titles, Apex Legends and Anthem, as well as Firestorm battle royale in Battlefield V, the biggest Battlefield live service event ever.
In fiscal 2019 more than 45 million unique players engaged in FIFA 19 and FIFA 18 on console and PC. In FY19, active players in The Sims TM 4 increased by 35% year-over-year.
Net bookings, incidentally, is defined as the net amount of products and services sold digitally or sold-in physically in the period. Net bookings is calculated by adding total net revenue to the change in deferred net revenue for online-enabled games and, for periods after the fourth quarter of fiscal 2018, mobile platform fees.
Said CEO Andrew Wilson. "Players are engaging with games in more ways than ever before. We’re committed to meeting them where they are with a broad portfolio of amazing new games and live services, choice of engagement models including free-to-play and subscriptions, and new opportunities to play, compete and watch."
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