EA posts record Q4 net bookings $1.946B, up 11% YoY; FY24 net bookings guidance $7.3-$7.7B

ELECTRONIC ARTS INC.

2023-FY EPS reported $2.88 revenue$7,426,000,000

Q4 net bookings $1.946B, up 11% YoY (15% constant currency); EA SPORTS FIFA net bookings up 31% YoY.
Q4 GAAP net loss $12M, diluted EPS ($0.04); FY23 net income $802M, EPS $2.88.
Q4 net revenue $1.874B; FY23 net revenue $7.426B; operating cash flow $1.550B for the year.
Quarterly dividend of $0.19/share declared, payable June 21, 2023 to holders of record May 31, 2023.
FY24 guidance: net bookings $7.3B-$7.7B; net income $915M-$1.055B; diluted EPS $3.30-$3.81.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ELECTRONIC ARTS INC. reported the fiscal year ended March 31, 2023 results: revenue 7,426, net income 802, EPS 2.88. Guidance initiated.

Period: the fiscal year ended March 31, 2023
Revenue: 7,426
Net income: 802
EPS: 2.88
Guidance: initiated
Result: preliminary results

Exact text from the filing

Twelve Months Ended March 31, 2023 2022 (in $ millions) Full game 1,937 1,993 Live services and other 5,489 4,998 Total net revenue 7,426 6,991 Net income 802 789 Diluted earnings per share 2.88 2.76

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ELECTRONIC ARTS INC. reported fiscal year 2024 ending March 31, 2024 results: revenue approximately $7.300 billion to $7.700 billion, net income approximately $915 million to $1.055 billion, EPS approximately $3.30 to $3.81. Guidance initiated.

Period: fiscal year 2024 ending March 31, 2024
Revenue: approximately $7.300 billion to $7.700 billion
Net income: approximately $915 million to $1.055 billion
EPS: approximately $3.30 to $3.81
Guidance: initiated
Result: guidance update

Exact text from the filing

Net revenue is expected to be approximately $7.300 billion to $7.700 billion. ◦ No change in deferred net revenue (online-enabled games) is expected. • Net income is expected to be approximately $915 million to $1.055 billion. • Diluted earnings per share is expected to be approximately $3.30 to $3.81.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ELECTRONIC ARTS INC. reported the fourth fiscal quarter ended March 31, 2023 results: revenue 1,874, net income (12), EPS (0.04). Guidance initiated.

Period: the fourth fiscal quarter ended March 31, 2023
Revenue: 1,874
Net income: (12)
EPS: (0.04)
Guidance: initiated
Result: preliminary results

Exact text from the filing

Three Months Ended March 31, 2023 2022 (in $ millions, except per share amounts) Full game 372 438 Live services and other 1,502 1,387 Total net revenue 1,874 1,825 Net income (loss) (12) 225 Diluted earnings (loss) per share (0.04) 0.80

View on SEC.gov

Browse all earnings releases →

ELECTRONIC ARTS INC. filing history →

Source: SEC EDGAR

accession 0000712515-23-000021

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.