Electronic Arts (NASDAQ: EA) reported Q1 EPS of $0.95, $0.89 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.14 million versus the consensus estimate of $742.42 million.

“Across new games, new platforms and new geographies, we connected more players around the world to more great entertainment in our first quarter of FY19,” said CEO Andrew Wilson. “We are striving to pioneer and lead for our players, with new EA SPORTS games and content on every platform, a first-of-its-kind subscription in Origin Access Premier and growing competitive gaming tournaments for FIFA and Madden NFL coming in the months ahead. With every game, every service, and every experience, we are taking steps toward our vision to connect a billion people in play.”

“We started the year strongly as we continued to deliver on our growth strategies with a focus on new genres, new geographies and building engaging live services across our portfolio to drive recurring revenue,” said COO and CFO Blake Jorgensen. “We have a strong slate of products to launch through the rest of the fiscal year, great content coming in our live services, and are continuing to grow our esports competitions.”

GUIDANCE:

Electronic Arts sees FY2019 revenue of $5.6 million, versus the consensus of $5.6 million.

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