The EA Q4 FY14 results were just released for EA and things could not be looking better for the publisher. Calendar year-to-date, EA continues to be the number one publisher on PS4 and Xbox one thanks to the sales of FIFA 14, Titanfall, Battlefield 4 (the three of which were in the top five best-selling titles across all platforms), Need for Speed Rivals and Madden 25. In the fiscal four quarter, the publisher represented 40% of western title sales for both consoles. Mobile revenue set a new EA record, contributing nearly $460 million for the fiscal year. Shockingly, EA’s Ultimate Team services generated more than $380 million in fiscal year 2014, with Madden Ultimate Team growing 90% year-over-year. Operating cash flow for the fiscal year was $712 million, more than doubling last year’s operating cash flow of $324 million.
Perhaps the biggest signal of success is the company’s announcement of a stock repurchase program, with the intent to buy back $750 million of EA’s common stock. A stock buy-back is almost always a signal of a successful company, as the company has enough cashflow, current and projected success to want to control more of its total value and direction.
For more on EA’s financials, check out the full earnings report here.