EA bookings drop 5% to $1.754B in September quarter

Electronic Arts reported earnings today for the second fiscal quarter that ended September 30, as ongoing operations for existing EA Sports games like FIFA and Madden helped it through a quarter with smaller releases.

EA reported net income on a GAAP basis of $299 million, or $1.07 a share, compared with $294 million, or $1.02 a share, in the same quarter a year ago. Net bookings were $1.754 billion, down from $1.851 billion a year earlier. EA noted that the strong dollar means that foreign currency exchange will have a $200 million negative effect.