Electronic Arts’ (EA) division, EA SPORTS, is doing everything possible to attract new users and retain existing customers. Recently, the company announced that its Super Bowl weekend party, The Madden Bowl, will be held at the House of Blues in Las Vegas on Feb 9.The event will star the brightest stars from the sports, music, gaming, and entertainment industry, including rapper Big Boi and special guests like Killer Mike and Breland. Green Day, a rock band, will also participate in the event.The event inte ...

Green Day, Big Boi, Killer Mike and BRELAND will Light Up Las Vegas for Super Bowl LVIII at EA SPORTS Presents The Madden Bowl on February 9 (Photo: Business Wire)REDWOOD CITY, Calif.--(BUSINESS WIRE)--When the world converges on Las Vegas for Super Bowl LVIII, EA SPORTS™ will hit football’s biggest stage with EA SPORTS™ Presents The Madden Bowl, an event that highlights the brand’s unique position at the intersection of sports, culture and entertainment. The multi-dimensional event at the House of Blues on ...

The best-selling computer game in the UK in 2023 was Electronic Arts Inc's (NASDAQ:EA) replacement for its long-running FIFA series, called EA Sports FC 24 last year.  Total spending on gaming via consoles and PCs grew 2.9% to £4.74 billion, according to the Digital Entertainment and Retail Association ERA. This was a slight increase from the 2.3% growth in 2022 but after outsized growth during the second year of the pandemic. UK gaming sales were more than twice the amount generated in 2013, with digital s ...

One stock that might be an intriguing choice for investors right now is Electronic Arts Inc. (EA) . This is because this security in the  Toys - Games - Hobbies space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the ...

Among the 25 best stocks to own in January is video game name Electronic Arts Inc. (NASDAQ:EA). Per Schaeffer's Senior Quantitative Analyst Rocky White's list of best S&P 500 Index (SPX) equities that tend to outperform this month, historically, EA averaged a 6% gain in seven out of the last 10 years. Though Electronic Arts stock is fractionally lower this afternoon, last seen trading at $135.63, the $135 level that moved in as a layer of support in late-November once again stepped up to thwart today's smal ...

Call Start: 4:00 January 1, 0000 4:29 AM ET Electronic Arts Inc. (NASDAQ:EA) Nasdaq 49th Investor Conference Call December 5, 2023 4:00 AM ET Company Participants Stuart Canfield - Executive VP & CFO Conference Call Participants Matt Cost - Morgan Stanley Matt Cost Okay, we're on. All right. Good morning, everyone. Thanks so much for being here. My name is Matt Costs from Morgan Stanley, US internet team, thrilled to be joined by Stuart Canfield, the CFO of EA, thank you so much for being here. Stuart Canfi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☑ 1934 For the Quarterly Period Ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File No. 000-17948 ELECTRONIC ARTS INC. (Exact name of registrant as specified in its charter) Delaware 94-2838567 (State or other jurisdiction of (I.R ...

Electronic Arts Inc. (NASDAQ:EA) Q2 2024 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Katie Burke - Director of Investor Relations Andrew Wilson - Chief Executive Officer Stuart Canfield - Chief Financial Officer Conference Call Participants Matthew Cost - Morgan Stanley Benjamin Soff - Deutsche Bank AG Eric Handler - ROTH MKM Partners, LLC David Karnovsky - JPMorgan Chase & Co. Brian Fitzgerald - Wells Fargo Securities LLC Eric Sheridan - Goldman Sachs Group, Inc. Operator Good ...

Q2 FY24 Performance Highlights - Total Net Bookings grew by 4% year-over-year[6] - Live Services TTM (Trailing Twelve Months) Net Bookings reached $56 billion[6] - EA SPORTS Madden NFL Net Bookings increased by 6% year-over-year[6] - Total TTM Net Bookings amounted to $77 billion, with Live Services accounting for 73% of this total[6] - TTM Operating Cash Flow was $22 billion[6] Net Bookings Analysis - Q2 FY24 Net Bookings reached $1820 million, a 4% increase year-over-year[8] - Full game net bookings were $691 million, a 9% increase year-over-year[8] - Live services and other net bookings were $1129 million, a 1% increase year-over-year[8] - TTM Net Bookings reached $7686 million[8] Net Bookings by Platform - Console net bookings in Q2 FY24 were $1152 million, a 12% increase year-over-year[11] - PC & Other net bookings in Q2 FY24 were $389 million, a 10% decrease year-over-year[11] - Mobile net bookings in Q2 FY24 were $279 million, a 6% decrease year-over-year[11] Financial Guidance - Q3 FY24 Net Bookings are projected to be between $2250 million and $2450 million[14] - FY24 Net Bookings are projected to be between $7300 million and $7700 million[14] - FY24 Operating Cash Flow is expected to be between $1950 million and $2100 million[14]

Summary of Electronic Arts Inc. Conference Call Company Overview - **Company**: Electronic Arts Inc. (NASDAQ: EA) - **Date**: August 6, 2023 - **Participants**: Andrew Wilson (CEO), Eric Sheridan (Goldman Sachs) Key Industry Insights - **Entertainment Trends**: The gaming industry is increasingly becoming the primary form of entertainment for younger generations (Gen Z and Gen Alpha), who engage more deeply with interactive entertainment than previous generations [3][4] - **Growth Post-COVID**: The gaming industry, including EA, has continued to grow even after the initial spike during the COVID-19 pandemic [4] - **Disruption in Traditional Media**: There is significant disruption in traditional media and entertainment, particularly with the rise of short-form video content, which competes with gaming for the attention of younger audiences [5][6] Company Strategy and Positioning - **Community Engagement**: EA aims to build games and experiences that attract massive online communities, focusing on storytelling and community engagement beyond the games themselves [7][8] - **Platform Development**: EA is positioning itself as a platform for interactive entertainment, similar to how Disney has built experiences around its IP [10][11] - **User-Generated Content**: Approximately half of EA's 700 million users are engaged in user-generated content, which is a significant part of the company's engagement strategy [11] Key Products and Future Pipeline - **FC (formerly FIFA)**: The rebranding of FIFA to FC has allowed EA to expand its offerings and partnerships, leading to a 50% growth in North America [22][23] - **Sims and Battlefield**: The Sims remains a strong product in the lifestyle game market, while Battlefield is being restructured for future success [25][26] - **Apex Legends**: With around 175-200 million players and a 70% retention rate, Apex is a key part of EA's growth strategy [26] - **Storytelling Initiatives**: EA plans to invest in blockbuster storytelling for franchises like Dragon Age, Star Wars, and Marvel [28][50] Organizational Changes - **Management Structure**: EA has undergone organizational changes to enhance decision-making speed and align with strategic priorities, focusing on different cadences for sports and entertainment divisions [16][17][19] Capital Allocation and M&A Strategy - **Acquisitions**: EA has made strategic acquisitions, such as Respawn, to strengthen its position in mobile gaming and enhance its IP portfolio [43][44] - **Mobile Gaming**: Despite challenges in the mobile gaming sector, EA sees significant growth potential in mobile, particularly with connected ecosystems [46][47] - **Future Investments**: The majority of capital allocation will focus on building games and experiences for large online communities, with an emphasis on sports and storytelling [48][50] Conclusion - **Long-Term Growth**: EA believes in the long-term potential of its IPs, with expectations of exponential growth driven by community engagement and interactive content [39][40] - **Digital Sports Fandom**: EA aims to dominate digital sports fandom, leveraging its extensive sports content and fan engagement [51]