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Electronic Arts Inc (EA.OQ)

EA.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Third Point Dissolves Stake In Alphabet, Takes Stake In Visa & Deere
Saturday, 11 Aug 2018 

Aug 10 (Reuters) - :THIRD POINT LLC DISSOLVES SHARE STAKE IN ALPHABET INC.THIRD POINT LLC TAKES SHARE STAKE IN VISA INC OF 1.7 MILLION CLASS A SHARES - SEC FILING.THIRD POINT LLC TAKES SHARE STAKE OF 1.1 MILLION SHARES IN DEERE & CO.THIRD POINT LLC UPS SHARE STAKE IN ELECTRONIC ARTS INC BY 32 PERCENT TO 1.7 MILLION SHARES.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Electronic Arts Reports Qtrly EPS of $0.95
Friday, 27 Jul 2018 

July 26 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS QTRLY EARNINGS PER SHARE $0.95, QTRLY TOTAL NET REVENUE $1,137 MILLION VERSUS $1,449 MILLION.ELECTRONIC ARTS QTRLY NET BOOKINGS $749 MILLION VERSUS $775 MILLION.ELECTRONIC ARTS SEES FY 2019 NET REVENUE OF ABOUT $5.60 BILLION, SEES FY 2019 DILUTED EPS OF ABOUT $3.55.ELECTRONIC ARTS SEES Q2 NET REVENUE OF ABOUT $1.27 BILLION, SEES Q2 DILUTED EPS OF ABOUT $0.48.ELECTRONIC ARTS SEES Q2 NET BOOKINGS OF ABOUT $1.16 BILLION.ELECTRONIC ARTS SEES FY 2019 OPERATING CASH FLOW OF ABOUT $1.83 BILLION, SEES FY 2019 NET BOOKINGS OF ABOUT $5.55 BILLION.  Full Article

Electronic Arts Acquires Industrial Toys
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS ACQUIRES INDUSTRIAL TOYS.ELECTRONIC ARTS ACQUIRES INDUSTRIAL TOYS.ELECTRONIC ARTS INC - TERMS OF AGREEMENT WERE NOT DISCLOSED..ELECTRONIC ARTS INC - ACQUISITION CLOSED IN JULY 2018.ELECTRONIC ARTS - INDUSTRIAL TOYS STUDIO IS JOINING EA'S WORLDWIDE STUDIOS ORGANIZATION.  Full Article

Electronic Arts Acquires Cloud Gaming Technology & Talent
Wednesday, 23 May 2018 

May 22 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS ACQUIRES CLOUD GAMING TECHNOLOGY & TALENT.ELECTRONIC ARTS INC - ACQUISITION CLOSED IN MAY 2018.ELECTRONIC ARTS INC - ACQUIRED CLOUD GAMING TECHNOLOGY ASSETS AND PERSONNEL OF A WHOLLY OWNED SUBSIDIARY OF GAMEFLY, INC.  Full Article

Third Point Reports Stake In United Technologies, Takes Stake in EA, Pinnacle Foods
Wednesday, 16 May 2018 

May 15 (Reuters) - THIRD POINT LLC ::THIRD POINT LLC REPORTS 7.1 MILLION SHARE STAKE IN UNITED TECHNOLOGIES CORP - SEC FILING.THIRD POINT LLC TAKES SHARE STAKE OF 1.3 MILLION SHARES IN ELECTRONIC ARTS INC - SEC FILING.THIRD POINT LLC DISSOLVES SHARE STAKE IN PINNACLE FOODS INC - SEC FILING.THIRD POINT LLC TAKES SHARE STAKE OF 2.0 MILLION SHARES IN MARATHON PETROLEUM CORP - SEC FILING.THIRD POINT LLC- CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Jana Partners Dissolves Sole Share Stake In Comcast, Pandora Media, DowDuPont
Tuesday, 15 May 2018 

May 15 (Reuters) - Jana Partners LLC::JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN COMCAST - SEC FILING.JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN PANDORA MEDIA.JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN DOWDUPONT INC.JANA PARTNERS LLC TAKES SOLE SHARE STAKE OF 1 MILLION SPONSORED ADS IN IQIYI INC.JANA PARTNERS LLC TAKES SOLE SHARE STAKE OF 300,678 SHARES IN CIGNA CORP.JANA PARTNERS LLC TAKES SOLE SHARE STAKE OF 1.3 MILLION SHARES IN AUTODESK INC.JANA PARTNERS LLC TAKES SOLE SHARE STAKE OF 568,982 SHARES IN ELECTRONIC ARTS.JANA PARTNERS - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Electronic Arts Q4 EPS $1.95
Wednesday, 9 May 2018 

May 8 (Reuters) - Electronic Arts Inc ::Q4 EARNINGS PER SHARE $1.95; Q4 TOTAL NET REVENUE $1.58 BILLION VERSUS $1.53 BILLION.NEW TWO-YEAR REPURCHASE PROGRAM SUPERSEDES AND REPLACES STOCK REPURCHASE PROGRAM ANNOUNCED IN MAY 2017.FY 2019 NET REVENUE IS EXPECTED TO BE APPROXIMATELY $5.60 BILLION.ANNOUNCED NEW 2-YEAR PROGRAM TO REPURCHASE UP TO $2.4 BILLION OF EA'S COMMON STOCK.FY 2019 OPERATING CASH FLOW IS EXPECTED TO BE APPROXIMATELY $1.83 BILLION.FY 2019 DILUTED EARNINGS PER SHARE IS EXPECTED TO BE APPROXIMATELY $3.55.FY 2019 NET BOOKINGS IS EXPECTED TO BE APPROXIMATELY $5.55 BILLION.REVISED ITS LONG-TERM TAX RATE FROM 21% TO 18% PRIMARILY DUE TO CHANGES RESULTING FROM RECENT TAX LEGISLATION IN U.S..Q1 NET REVENUE IS EXPECTED TO BE ABOUT $1.08 BILLION; Q1 EARNINGS PER SHARE EXPECTED TO BE ABOUT $0.64.Q1 NET BOOKINGS IS EXPECTED TO BE APPROXIMATELY $720 MILLION.  Full Article

Electronic Arts, ESPN, Disney XD And The NFL Announce Gaming Network Agreement
Friday, 26 Jan 2018 

Jan 26 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS, ESPN, DISNEY XD AND THE NFL ANNOUNCE FIRST LONG-TERM, MULTI-EVENT COMPETITIVE GAMING NETWORK AGREEMENT.ELECTRONIC ARTS - CO, NFL ARE TEAMING UP WITH ESPN & DISNEY XD FOR EXCLUSIVE BROADCASTS OF UPCOMING EA SPORTS MADDEN NFL 18 CHAMPIONSHIP SERIES.  Full Article

Melvin Capital Reports 5 Pct Passive Stake In Electronic Arts
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Melvin Capital Management Lp::MELVIN CAPITAL MANAGEMENT LP REPORTS 5 PERCENT PASSIVE STAKE IN ELECTRONIC ARTS AS OF JAN 5 - SEC FILING‍​ ‍​.  Full Article

EA to acquire Respawn Entertainment
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Electronic Arts Inc :EA to acquire Respawn Entertainment.Electronic Arts - ‍under agreement, co will pay $151 million in cash, and up to $164 million in long-term equity in form of restricted stock units to employees​.Electronic Arts Inc - ‍acquisition is expected to be neutral to co's net income in fiscal years 2018 and 2019​.Electronic Arts - co may also have to pay additional variable cash consideration contingent upon achieving certain milestones through calendar 2022​ end.Electronic Arts Inc - ‍additional consideration is limited to a maximum of $140 million​.  Full Article

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Game publisher EA's revenue forecast misses estimates

Electronic Arts Inc forecast tepid second-quarter revenue growth on Thursday, overshadowing quarterly results that topped analysts' estimates and sending its shares down 7 percent in extended trading.