secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000712515-22-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA Q1 FY23 net revenue $1.767B, EPS $1.11; FIFA Ultimate Team engagement up 40% YoY
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- Q1 GAAP net revenue $1.767B (+14% YoY); GAAP diluted EPS $1.11 (+56% YoY); net income $311M.
- Net bookings Q1 $1.299B (down slightly YoY); TTM net bookings $7.478B (+22% YoY).
- FIFA Ultimate Team weekly and daily average players up ~40% YoY; FIFA Mobile record net bookings quarter.
- FY23 guidance: net revenue $7.6-7.8B, net bookings $7.9-8.1B, diluted EPS $2.79-2.87.
- Declared $0.19/share cash dividend, payable Sept 21, 2022 to record holders Aug 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251522000033/0000712515-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251522000033/ea-20220729.htm
  HTML page:      https://secwatch.observer/filing/0000712515-22-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer