Electronic Arts have released their financial results for fourth quarter and fiscal year which ended March 31st. To sum it up, they earned a lot of money.

At the end of every fiscal year companies either happily announce, or shamefully declare, their financial results. To a large amount of gamers its all a load of numbers and financial jargon, but for those who are interested the highlights of EA's financial report can be found below.

EA's Net Revenue for the fiscal year ending March 31st, 2005 was up 6% to $3.129 billion. This is largely due to thirty-one of their titles selling more than one million units, compared to twenty-seven titles the year before. Six franchises in particular were a great asset to the company, with The Sims, Need for Speed, Madden NFL Football, FIFA, Lord of the Rings and Harry Potter titles all selling more than five million units.

Electronic Art's Net Income was $503 million, compared to $577 the year before. The diluted earnings per share were down from $1.87 last year to $1.59 this year. Operating cash flow was $634 million compared to $669 last year.

"As we begin the new fiscal year, we are focused on successfully navigating through the console transition," said Larry Probst, Chairman and Chief Executive Officer. "EA has people, franchises and strategies to extend our leadership on next generation platforms."

"This is a year of execution and investment," said Warren Jenson, Chief Financial and Administrative Officer. "We have a strong title line up that allows us to make investments for long-term relationships."

For a more detailed breakdown, and much more information, you can check out the official press release.