secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000712515-23-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA reports record Q1 net bookings of $1.578B, up 21% YoY; net income $402M
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- Net revenue $1.924B; net income $402M; diluted EPS $1.47.
- Net bookings $1.578B (+21% YoY); live services 75% of total ($1.177B, +4% YoY).
- EA SPORTS FIFA had a record Q1; Star Wars Jedi: Survivor launched to critical and commercial success.
- FY2024 net bookings guidance $7.3B-$7.7B; Q2 net bookings guidance $1.7B-$1.8B.
- Declared $0.19 quarterly dividend payable Sept 20 to holders of record Aug 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000034/0000712515-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251523000034/ea-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000712515-23-000034

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