EA beats Q1, raises FY22 outlook; CAO Barker retires, Kelly appointed

ELECTRONIC ARTS INC.

2022-Q1 EPS reported $0.71 revenue$1,551,000,000

Q1 FY22 net revenue $1.551B (+6% YoY), net income $204M, diluted EPS $0.71.
Net bookings Q1 $1.336B; trailing twelve months $6.136B, up 3% YoY.
FY22 guidance raised: net revenue ~$6.85B, net bookings ~$7.4B, operating cash flow ~$1.85B.
Dividend $0.17/share declared, payable Sep 22, 2021 to holders of record Sep 1.
Kenneth Barker retires as CAO effective Aug 13; Eric Kelly named as successor CAO.

item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Eric Kelly

Chief Accounting Officer

EA · ELECTRONIC ARTS INC.

Effective: 2021-08-13
Filed: August 4, 2021, 7:59 PM ET

On August 4, 2021, EA appointed Eric Kelly, 49, to the position of Chief Accounting Officer, effective as of August 13, 2021.

Role change

Kenneth A. Barker

Chief Accounting Officer

EA · ELECTRONIC ARTS INC.

Effective: 2021-08-13
Successor: Eric Kelly
Filed: August 4, 2021, 7:59 PM ET

On August 4, 2021, Kenneth A. Barker, EA’s Senior Vice President and Chief Accounting Officer announced his intention to retire.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Eric Kelly was appointed as Chief Accounting Officer at ELECTRONIC ARTS INC..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On August 4, 2021, EA appointed Eric Kelly, 49, to the position of Chief Accounting Officer, effective as of August 13, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Kenneth A. Barker retired as Chief Accounting Officer at ELECTRONIC ARTS INC..

Action: retired
Role: Chief Accounting Officer

Exact text from the filing

On August 4, 2021, Kenneth A. Barker, EA’s Senior Vice President and Chief Accounting Officer announced his intention to retire.

View on SEC.gov

ELECTRONIC ARTS INC. filing history →

Source: SEC EDGAR

accession 0000712515-21-000115

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