EA reports its highest operating cash flow in 31 quarters thanks to a successful Christmas

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EA has reported non-GAAP revenue of $1,651 million during its third quarter which ended December 31, 2011. This exceeded the publisher’s guidance of $1,550 million to $1,650 million.

Non-GAAP net revenue during the quarter was higher as compared to Q3 fiscal 2011, which EA says was driven by digital growth and by the successful launches of Battlefield 3 and Star Wars: The Old Republic.

“We are pleased to report a strong holiday quarter driven by Battlefield 3, FIFA12 and a strong showing by our digital games and services,” said chief executive officer John Riccitiello. “Star Wars: The Old Republic is developing a committed community of players with more than 1.7 million active subscribers and growing.”

“We recorded our highest operating cash flow in 31 quarters and grew segment share in both Europe and North America,” said Eric Brown, chief financial officer. “Third quarter non-GAAP digital revenue grew 79 per cent year-over year, and we achieved our goal of generating over $1 billion in non-GAAP digital revenue on a trailing-twelve-month basis.”

Some highlights for EA include sell through of more than 10 million units for both Battlefield 3 and FIFA 12, while Madden NFL 12 has almost hit the five million mark.

EA was the number one game publisher in the Apple App Store in December, with its first free-to-play mobile game, The Sims: FreePlay, reaching the number one position on the list of top-grossing iPad Apps.

In addition, digital store and service Origins generated more than $100 million from more than 9.3 million registered consumers.

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Star Wars: The Old Republic

  • Platform(s): PC
  • Genre(s): Massively Multiplayer, Massively Multiplayer Online, RPG, Science Fiction

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