EA reports strong June quarter with revenue up 21% to $1.46 billion

Electronic Arts reported financial results today that beat Wall Street’s expectations with revenue growing 21% to $1.46 billion for the first fiscal quarter ended June 30.

The big game publisher released just two games during the quarter: Command & Conquer Remastered Collection, a remake of the real-time strategy series created by Westwood Studios in the 1990s; and Burnout Paradise Remastered. But EA’s development teams put out more than 30 content updates as part of the live services it provides for its existing games, the company said. For instance, EA released Season 5 of its battle royale Apex Legends, with engagement levels reaching the highest since Season 1. And during the quarter, player acquisition for FIFA Soccer was up more than 100% from a year ago, and Madden NFL was up 140%. EA also said that The Sims 4 has more than 30 million players across all platforms, releasing on Steam as part of the publisher’s push on Valve’s PC game service.