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Form 8-K · Current Report · Filed 2024-10-29

Electronic Arts Reports Strong Q2 FY25 Results and Raises Full-Year Outlook

Electronic Arts Inc. (EA) announced its preliminary financial results for the second fiscal quarter ended September 30, 2024. The company reported record Q2 net bookings of $2.079 billion, exceeding the high end of its guidance range. Net revenue for the quarter was $2.025 billion, and net income was $294 million. EA also declared a quarterly cash dividend of $0.19 per share, payable on December 18, 2024. Additionally, the company raised its full-year outlook for FY25.

Filer
Electronic Arts Inc. EA · NASDAQ
Filed
Accession
0000712515-24-000045
CIK
0000712515
Signal
Medium impactCommunication Services

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 8.01

Other Events

Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$144.18

Next session

+3.4%

Since filing

+45.6%

Latest close

$209.86

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from EA reporting the same item, with the next session's move:

Exhibits (1)

About Electronic Arts Inc.

Electronic Arts Inc. is a prominent video game company that develops, publishes, and distributes a wide range of gaming products globally. Known for its engaging interactive entertainment, Electronic Arts creates games across various platforms, including console systems, mobile devices, and personal computers. Some of its well-known franchises include "FIFA," "Madden NFL," "The Sims," and "Battlefield," which have garnered dedicated fanbases and significant market presence. Serving a diverse audience, Electronic Arts leverages advanced technology and creative storytelling, impacting the media and entertainment sector significantly. It addresses multiple genres and interests, ranging from sports simulations and role-playing adventures to strategic and action-packed engagements. In the financial market, Electronic Arts is recognized for its robust intellectual property portfolio, consistent innovation, and strategic acquisitions that enhance its gaming catalog and market reach. Headquartered in Redwood City, California, Electronic Arts plays a crucial role in shaping digital entertainment experiences worldwide, contributing significantly to both the creative and economic dimensions of the gaming industry. It is a key player influencing trends within the sector, continually adapting to evolving consumer preferences and technological advancements.

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