Codemasters' F1 21 debuted in July.
Codemasters' F1 2021 debuted in July.
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Electronic Arts beats expectations with 3% drop in bookings to $1.34B

  • Posted byby Dean Takahashi
  • Updated
  • 5 min

Electronic Arts reported better-than-expected earnings today for the first fiscal quarter ended June 30, as live operations for existing games like FIFA 21 and Apex Legends helped it through a quarter with smaller releases.

Net bookings for the quarter were $1.34 billion, down 3% from $1.39 billion a year ago and above both EA’s guidance of $1.25 billion and the analyst consensus expectations of $1.27 billion. The slight decline compared to a year ago isn’t unusual, given the pandemic’s huge effect on games last year, as more people stayed inside and played more. Now that things have loosened somewhat, that effect has been muted.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.