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Electronic Arts Inc (EA.OQ)

EA.OQ on NASDAQ Stock Exchange Global Select Market

99.69USD
19 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Electronic Arts Inc - Entered Into An Unsecured Committed $500 Million Revolving Credit Facility
Friday, 30 Aug 2019 

Aug 29 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS INC - ENTERED INTO AN UNSECURED COMMITTED $500 MILLION REVOLVING CREDIT FACILITY.ELECTRONIC ARTS - REVOLVING CREDIT FACILITY TERMINATES ON AUGUST 29, 2024 UNLESS MATURITY IS EXTENDED IN ACCORDANCE WITH CREDIT AGREEMENT.ELECTRONIC ARTS INC - REVOLVING CREDIT FACILITY REPLACES CO'S EXISTING UNSECURED COMMITTED $500 MILLION REVOLVING CREDIT FACILITY.  Full Article

Liverpool FC Announces Partnership with EA Sports
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Liverpool FC::EA SPORTS WILL NOW BECOME CLUB’S OFFICIAL FOOTBALL SIMULATION GAME PARTNER, AHEAD OF LAUNCH OF EA SPORTS FIFA 20.  Full Article

Electronic Arts Qtrly Earnings Per Share $0.69
Wednesday, 8 May 2019 

May 7 (Reuters) - Electronic Arts Inc ::QTRLY EARNINGS PER SHARE $0.69; QTRLY TOTAL NET REVENUE $1.24 BILLION VERSUS $1.58 BILLION.QTRLY NET BOOKINGS $1.36 BILLION VERSUS $1.26 BILLION.SEES FY 2020 OPERATING CASH FLOW TO BE ABOUT $1.575 BILLION.SEES FY 2020 EARNINGS PER SHARE ABOUT $8.56; SEES FY 2020 NET REVENUE TO BE ABOUT $5.375 BILLION.SEES FY 2020 NET BOOKINGS TO BE ABOUT $5.10 BILLION.SEES Q1 NET BOOKINGS TO BE ABOUT $690 MILLION.SEES Q1 EARNINGS PER SHARE TO BE ABOUT $5.84; SEES Q1 NET REVENUE TO BE ABOUT $1.13 BILLION.SUBSEQUENT TO FY ENDED MARCH 31, EA COMPLETED INTERNAL TRANSFER OF SOME INTELLECTUAL PROPERTY RIGHTS TO ITS SWISS UNIT.Q1 EARNINGS PER SHARE EXPECTATIONS INCLUDES A ONE-TIME TAX BENEFIT OF ABOUT $5 PER SHARE.IP RIGHTS TRANSFER TO RESULT IN 1-TIME TAX BENEFIT OF BETWEEN $1.5 BILLION - $3.9 BILLION TO BE RECOGNIZED AS A DEFERRED TAX ASSET IN Q1.RECOGNITION OF DEFERRED TAX ASSET REGARDING IP RIGHTS TRANSFER TO ADD BETWEEN $5 PER SHARE - $13 PER SHARE TO GAAP EPS IN Q1.  Full Article

Electronic Arts Is Laying Off About 350 People, About 4 Pct Of Staff- Variety
Wednesday, 27 Mar 2019 

March 26 (Reuters) - :ELECTRONIC ARTS IS LAYING OFF ABOUT 350 PEOPLE, ABOUT 4% OF STAFF- VARIETY.  Full Article

Ea Announces New Publishing Agreement With Velan Studios
Monday, 25 Mar 2019 

March 25 (Reuters) - Electronic Arts Inc ::EA ANNOUNCES NEW PUBLISHING AGREEMENT WITH VELAN STUDIOS.ELECTRONIC ARTS - EA PARTNERS WILL PUBLISH VELAN'S FIRST ORIGINAL IP FOR CONSOLES, PC AND MOBILE.  Full Article

Electronic Arts And Director Neill Blomkamp Collaborate On Conviction
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS - CO, AND DIRECTOR NEILL BLOMKAMP COLLABORATED ON CONVICTION, AN ORIGINAL LIVE-ACTION SHORT-FILM BASED ON BIOWARE'S ANTHEM.  Full Article

Electronic Arts Says Qtrly Earnings Per Share $0.86
Wednesday, 6 Feb 2019 

Feb 5 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS - QTRLY EARNINGS PER SHARE $0.86.ELECTRONIC ARTS - QTRLY TOTAL REVENUE $1.29 BILLION VERSUS $1.16 BILLION.ELECTRONIC ARTS - QTRLY NET BOOKINGS $1.61 BILLION VERSUS $1.97 BILLION.ELECTRONIC ARTS - SEES FY 2019 NET REVENUE ABOUT $4.875 BILLION.ELECTRONIC ARTS - SEES FY 2019 EARNINGS PER SHARE ABOUT $3.20.ELECTRONIC ARTS - SEES FY 2019 OPERATING CASH FLOW ABOUT $1.35 BILLION.ELECTRONIC ARTS - SEES FY 2019 NET BOOKINGS ABOUT $4.75 BILLION.ELECTRONIC ARTS - SEES Q4 NET BOOKINGS ABOUT $1.17 BILLION.  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

Electronic Arts reports qtrly loss per share of $0.07
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Electronic Arts Inc ::Qtrly loss per share $0.07; Qtrly total net revenue $959 million versus $898 million.Sees FY 2018 net revenue of about $5.08 billion; Sees FY 2018 earnings per share of about $3.63.Sees FY 2018 operating cash flow of about $1.6 billion; Sees FY 2018 net bookings of about $5.15 billion.Sees Q3 net revenue of about $1.14 billion; Sees Q3 loss per share of about $0.21; Sees Q3 net bookings of about $2 billion.  Full Article

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Core game franchises propel Electronic Arts revenue beat

Video game publisher Electronic Arts Inc reported better-than-expected quarterly revenue on Tuesday, riding on the continued success of its battle royale game "Apex Legends", sending its shares up as much as 5% in extended trading.