secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0000712515-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA Q3 net income triples to $204M; net bookings $2.34B (-9% YoY); Star Wars Jedi delayed
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- Q3 GAAP net revenue $1.881B (+5% YoY); net income $204M ($0.73 EPS) vs $66M ($0.23) YoY.
- Net bookings $2.342B, down 9% YoY; management cites macro headwinds impacting results.
- Full-year FY23 guidance: net revenue $7.252–7.352B, diluted EPS $2.97–3.11, operating cash flow $1.4–1.45B.
- Star Wars Jedi: Survivor delayed to April 28, shifting revenue out of Q4 FY23 into Q1 FY24.
- Quarterly dividend maintained at $0.19/share, payable March 22 to holders of record March 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000004/0000712515-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000004/ea-20230127.htm
  HTML page:      https://secwatch.observer/filing/0000712515-23-000004

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