Electronic Arts sees 18% rise in bookings to $1.49 billion in Q1 2021

Electronic Arts reported better-than-expected earnings today for the fourth-fiscal quarter ended March 31, as live operations and original titles carried it through a relatively quiet quarter.

The Redwood City, California-based video game giant reported net income of $76 million, or 26 cents a share, on revenues of $1.35 billion, compared with net income of $418 million, or $1.43 a share, on revenue of $1.39 billion. About 81% of sales came from live operations for existing games such as FIFA 21.