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During yesterday’s Q3 FY 2015 Earnings Call, Electronic Arts reiterated that The Sims 4 is set to receive “fresh content and gameplay” throughout the year. Additionally, they also confirmed that The Sims 4’s First Expansion Pack will be released sometime in Fiscal Year (FY) 2016, which begins April 1st 2015.
Our Maxis Studio delivered three major game updates to the Sims 4 during Q3, providing fun new content and adding some of the most wanted community features. Each update has driven more players to engage with the Sims 4 and we have plans to continue delivering fresh content and gameplay to the vibrant Sims community.
Turning to guidance, we are increasing our full-year guidance. For fiscal year 2015, our non-GAAP guidance for revenue will increase by $78 million to $4.253 billion. And our non-GAAP EPS will be increased by $0.30 to $2.35 per share. This results in an expected operating margin of nearly 24%. Although this guidance passes through essentially all of the Q3 earnings outperformance to the full year, it does not pass through all the revenue.
The reduction in our Q4 revenue expectation is based on uncertainty around future currency movements and the decision to move EA Sports PGA Tour and the first Sims 4 expansion pack into fiscal 2016.
