secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0000712515-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA Q3 FY24 net income $290M ($1.07 EPS); record live services net bookings $1.712B
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- Net revenue $1.945B; net bookings $2.366B, up 1% YoY (up 2% CC).
- Live services net bookings record $1.712B, up 3% YoY; trailing 12-month live services 73% of business.
- EA SPORTS FC net bookings up 7% YoY; Madden NFL up 5% YoY.
- Operating cash flow $1.264B (+13% YoY); repurchased 2.5M shares for $325M in Q3.
- Declared $0.19 quarterly dividend payable March 20; FY24 revenue guidance $7.408B-$7.708B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251524000004/0000712515-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251524000004/ea-20240126.htm
  HTML page:      https://secwatch.observer/filing/0000712515-24-000004

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