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Electronic Arts Inc (EA.OQ)

EA.OQ on NASDAQ Stock Exchange Global Select Market

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14 Aug 2020
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Latest Key Developments (Source: Significant Developments)

Electronic Arts Reports Qtrly Earnings Per Share Of $1.25
Friday, 31 Jul 2020 

July 30 (Reuters) - Electronic Arts: :ELECTRONIC ARTS - QTRLY EARNINGS PER SHARE $1.25; QTRLY REVENUE $1.46 BILLION BILLION VERSUS $1.21 BILLION.ELECTRONIC ARTS - FY 2021 EARNINGS PER SHARE IS EXPECTED TO BE ABOUT $2.97.ELECTRONIC ARTS - FY 2021 NET REVENUE IS EXPECTED TO BE ABOUT $5.625 BILLION.ELECTRONIC ARTS - FY 2021 NET BOOKINGS IS EXPECTED TO BE ABOUT $5.950 BILLION.ELECTRONIC ARTS - QTRLY NET BOOKINGS $1.39 BILLION VERSUS $782 MILLION.ELECTRONIC ARTS - Q2 NET REVENUE IS EXPECTED TO BE ABOUT $1.125 BILLION.ELECTRONIC ARTS - Q2 NET BOOKINGS IS EXPECTED TO BE ABOUT $875 MILLION.ELECTRONIC ARTS - Q2 EARNINGS PER SHARE IS EXPECTED TO BE ABOUT $0.21.ELECTRONIC ARTS - FY 2021 OPERATING CASH FLOW IS EXPECTED TO BE ABOUT $1.850 BILLION.  Full Article

Electronic Arts And LaLiga Announce 10-Year Partnership Renewal
Wednesday, 24 Jun 2020 

June 24 (Reuters) - Electronic Arts::ELECTRONIC ARTS AND LALIGA ANNOUNCE 10-YEAR PARTNERSHIP RENEWAL.ELECTRONIC ARTS - EA SPORTS WILL REMAIN THE EXCLUSIVE OFFICIAL VIDEO GAMES PARTNER OF LALIGA.  Full Article

Platige Image Signs Deal With US-Based Electronics Arts For Creation Of Audiovisual Works
Thursday, 6 Feb 2020 

Feb 6 (Reuters) - Platige Image SA ::SAID ON WEDNESDAY IT HAS SIGNED A DEAL WITH US-BASED ELECTRONIC ARTS INC FOR CREATION OF AUDIOVISUAL WORKS.UNDER DEAL THE COMPANY IS TO RECEIVE NET REMUNERATION IN THE ORDER OF 5% OF GROUP'S 2018 SALES REVENUE.  Full Article

Electronic Arts Reports Qtrly Earnings Per Share $1.18
Friday, 31 Jan 2020 

Jan 30 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS - QTRLY EARNINGS PER SHARE $1.18; QTRLY REVENUE $1.59 BILLION VERSUS $1.29 BILLION.ELECTRONIC ARTS - QTRLY NET BOOKINGS $1.98 BILLION VERSUS $1.61 BILLION.ELECTRONIC ARTS SEES FY EARNINGS PER SHARE ABOUT $9.90.ELECTRONIC ARTS SEES FY NET REVENUE ABOUT $5.48 BILLION.ELECTRONIC ARTS SEES FY NET BOOKINGS ABOUT $5.15 BILLION.ELECTRONIC ARTS SEES FY OPERATING CASH FLOW ABOUT $1.73 BILLION.ELECTRONIC ARTS - EXPECT LIVE SERVICES TO CONTINUE TO DRIVE GROWTH IN FISCAL 2021 AND FOR GROWTH TO ACCELERATE IN FISCAL 2022, LED BY NEW BATTLEFIELD.ELECTRONIC ARTS - DURING QUARTER, THE SIMS 4 SURPASSED 20 MILLION UNIQUE PLAYERS WORLDWIDE LIFE-TO-DATE.  Full Article

EA And Respawn Launch The Apex Legends Global Series
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS INC - CO, RESPAWN ENTERTAINMENT ANNOUNCED THE APEX LEGENDS GLOBAL SERIES.ELECTRONIC ARTS - APEX LEGENDS GLOBAL SERIES IS COMPRISED OF ONLINE & LIVE EVENTS FOR PC PLAYERS WHO WILL COMPETE FOR PRIZE PURSE OF MORE THAN $3 MILLION.  Full Article

Electronic Arts Reports Qtrly Earnings Per Share $2.89
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Electronic Arts Inc ::ELECTRONIC ARTS - QTRLY EARNINGS PER SHARE $2.89; QTRLY REVENUE $1.35 BILLION VERSUS $1.29 BILLION.ELECTRONIC ARTS - RECOGNIZED INCOME TAX BENEFIT DURING QUARTER OF $625 MILLION, OR $2.11/SHARE.ELECTRONIC ARTS - QTRLY NET BOOKINGS $1.28 BILLION VERSUS $1.22 BILLION.ELECTRONIC ARTS SEES FY 2020 EARNINGS PER SHARE ABOUT $9.57, ABOUT $5.74 OF WHICH IS RELATED TO ONE-TIME INCOME TAX BENEFITS.ELECTRONIC ARTS SEES FY 2020 NET REVENUE ABOUT $5.41 BILLION.ELECTRONIC ARTS SEES FY 2020 NET BOOKINGS ABOUT $5.13 BILLION.ELECTRONIC ARTS SEES FY 2020 OPERATING CASH FLOW ABOUT $1.63 BILLION.ELECTRONIC ARTS SEES Q3 NET REVENUE ABOUT $1.51 BILLION.ELECTRONIC ARTS SEES Q3 NET BOOKINGS ABOUT $1.94 BILLION.ELECTRONIC ARTS SEES Q3 EARNINGS PER SHARE ABOUT $0.92.ELECTRONIC ARTS - STRENGTH IN ULTIMATE TEAM, THE SIMS 4 AND FIFA ONLINE DROVE LIVE SERVICES PERFORMANCE ABOVE CO'S EXPECTATIONS IN QUARTER.  Full Article

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

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EA lifts annual sales forecast on boost from stuck-at-home gamers

Electronic Arts Inc on Thursday raised its full-year forecast for adjusted revenue after beating quarterly estimates, encouraged by strong player engagement and increased videogame sales to stuck-at-home gamers.