secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0000712515-21-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251521000115/0000712515-21-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251521000115/ea-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000712515-21-000115

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