EA SPORTS Celebrates Launch of FIFA 23

Electronic Arts Reports Strong First Quarter

EA Sports continues to dominate sports gaming market.

Today, Electronic Arts Inc. (EA) announced preliminary financial results for its first quarter ended June 30, 2024. The company reported strong growth across all segments, with total net revenue increasing 12% year-over-year to $1.7 billion.

EA Sports, a division of EA that develops and publishes sports video games, was a major contributor to the company's success. The division saw its net revenue grow 15% year-over-year to $650 million.

The launch of EA SPORTS FIFA 23, the latest installment in the popular soccer video game franchise, was a major factor in EA Sports' growth. The game has been met with critical acclaim and has already sold over 10 million copies worldwide.

"EA Sports continues to be a dominant force in the sports gaming market," said Andrew Wilson, CEO of Electronic Arts. "The launch of FIFA 23 has been a huge success, and we are excited to continue to build on this momentum in the coming quarters."