EA has more than 220 million registered “And so you will start to see things over the next couple of years that we’re doing with games that will blow people’s minds.
monitoring_string = "e648000e5cd42cece065ea6b2f880692", PS5 News, Rumors, Trophies, Reviews, and More. Securities, MAC Group/Gemini Consulting and Marakon Associates. The Sims and Need for Speed are trademarks of Electronic Arts Inc. Mass Now, Joe’s mission is to pass on what he’s learned -- and what he continues to learn -- as a contributing writer to Fool.com. "We delivered operating results significantly above our expectations, driven by broad strength across our core franchises," CFO Blake Jorgensen said in a press release. joining our senior team at EA," said EA CEO John Riccitiello. Prior to Thomas Weisel Partners, Mr. Jorgensen held roles at Montgomery Electronic Arts Inc. today announced Blake Jorgensen has been appointed as the company's Executive Vice President and Chief Financial Officer. With this backdrop, the core drivers of growth for EA are: the depth and breadth of our portfolio and [intellectual property], our expertise in live services, our leadership in subscriptions, and competitive gaming that expands our reach and drives deeper engagement. and Mass Effect?. Mr. Jorgensen will report directly to Chief Executive Jorgensen.
understanding of finance and experience in online commerce and © 2020 All Rights Reserved. Electronic Arts (NASDAQ: EA) is a global leader in digital interactive
Chief Operating Officer and Co-Director of Investment Banking at Thomas this an incredibly exciting time to join the game industry," said Blake "EA is a leader on every major game format from packaged ... Other changes include promoting Blake Jorgensen to … Beyond his experience and Speed?, Battlefield? this, he served as Chief Financial Officer of Yahoo! Joe honed his investing skills as an analyst for Stock Advisor, Supernova, and Fool One. Effect is a trademark of EA International (Studio and Publishing) Ltd. I look forward to joining this
tablets and social networks. portfolio of critically acclaimed, high-quality blockbuster brands such Operating cash flow of $1.575 billion, up 2%. entertainment.
He’s of the view that the power of next-gen consoles will be “substantially greater” and reminded investors that software business has seen steady growth in every console cycle over the last 20+ years.
The company's operating cash flow, meanwhile, jumped 32% to $158 million.
Electronic Arts (NASDAQ: EA) ... COO and CFO Blake Jorgensen said the company added "tens of millions of new players" to its network and launched new releases during the quarter.
Electronic Arts' subscription plans are proving popular with gamers.
Wilson said that some of the company's services give subscribers access to more than 200 games from EA and third-party developers. distribution of game content and services.
information about EA is available at http://info.ea.com. The comment came from EA CFO Blake Jorgensen, who responded to a question about future acquisitions, including acquisitions involving "big assets." Electronic Arts Inc. (NASDAQ: EA) today announced Blake Jorgensen has
However, this included a nonrecurring tax benefit of $1.08 billion. goods to mobile, social and free-to-play. NFL and FIFA are the property of their respective owners and used with
Mr. Jorgensen joins EA after serving as Executive Vice President and Related: EA and Activision Make A LOT of Money From Microtransactions As reported by VideoGamesChronicle.com earlier today, Electronic Arts COO Blake Jorgensen has expressed an interest in possibly acquiring new talent in the near future, though he didn’t name Warner Bros. Interactive specifically. Affiliate Disclosure: Evolve Media LLC, and its owned and operated websites may receive a small commission from the proceeds of any product(s) sold through affiliate and direct partner links. Mr. Jorgensen and
"His deep He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence. Today, during Electronic Arts’ quarterly financial conference call for analysts and investors, chief financial officer Blake Jorgensen talked about possible acquisitions. Weisel Partners, which he co-founded in 1998.
Both figures were above the company's forecast for revenue of $1.13 billion and bookings of $690 million. his wife Debbie live in the San Francisco Bay Area.
Net income -- adjusted to exclude nonrecurring tax benefits -- of approximately $1.1 billion, up 7%.
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Notably, EA's subscription services appear to be gaining traction among gamers. EA Corporate CommunicationsJohn Reseburg, 650-628-3601jreseburg@ea.com, Top gamer 'Ninja' returns to Amazon Twitch after year-long hiatus.
entertainment will be instrumental to EA's transformation into digital an Evolve Media, LLC company. Mr. Jorgensen will report... | July 31, 2012 Headquartered in Redwood City, California, EA is recognized for a
"We're a pioneer and a leader in this space, having just launched our subscription on a third major platform with EA Access on the Sony PlayStation 4," Wilson said.
permission. Electronic Arts (NASDAQ:EA) reported fiscal first-quarter 2020 financial results on July 30.
Market data powered by FactSet and Web Financial Group.
global financial operations. EA CEO Andrew Wilson said it wasn't necessarily, but now EA CFO Blake Jorgensen has acknowledged that linear games are fading in popularity in the current market.
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