secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000712515-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000021/0000712515-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000021/ea-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000712515-23-000021

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