Electronic Arts (EA) Tops Q4 Revenue Estimates; Offers guidance

Electronic Arts (NASDAQ: EA) reported Q4 revenue for the quarter came of $1.87 billion versus the consensus estimate of $1.75 billion. Net bookings for Q4 was $1.946 billion, up 11% year-over-year (up 15% in constant currency). Diluted loss per share was $0.04.

GUIDANCE:

Electronic Arts sees FQ1 revenue between $1.825-1.925 billion, versus the consensus of $1.55 billion. Diluted earnings per share is expected to be approximately $0.98 to $1.14, versus the consensus of $0.88.

Electronic Arts sees FY2024 EPS of $3.30-$3.81, versus the consensus of $6.03. Electronic Arts sees FY2024 revenue of $7.3-7.7 billion, versus the consensus of $7.14 billion

Net bookings is expected to be approximately $7.300 billion to $7.700 billion.

For earnings history and earnings-related data on Electronic Arts (EA) click here.

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