Electronic Arts(EA) - 2021 Q2 - Earnings Call Presentation

Financial Performance - Electronic Arts beat company expectations on both top and bottom line [7] - The company delivered a record operating cash flow (OCF) of $2.04 billion for the trailing twelve months [7] - A new two-year $2.6 billion share repurchase program was announced [7] - A quarterly dividend of $0.17 per share was initiated [7] Key Growth Drivers - The FIFA franchise was having its biggest calendar year ever, with business across all platforms up 26% year-over-year in net bookings, even prior to the launch of FIFA 21 [3] - EA SPORTS Ultimate Team has more than 30 million players this year, up 25% year-over-year [4] - Apex Legends net bookings were up 24% year-over-year and is likely to deliver more than $500 million during the fiscal year [4, 10] - Mobile grew 4% year-over-year [10] Digital Sales - 56% of units sold through are now digital rather than physical, measured on Xbox One and PlayStation 4 over the last twelve months [10] - After eight weeks of Madden NFL 21 sales, digital accounted for 66% of units sold through to players, and after the first three weeks of FIFA 21, the number was 50%, both up 14 points year-over-year [10] Fiscal Year Guidance - The company forecasts net bookings of $5.95 billion for the fiscal year [34] - The company forecasts GAAP EPS of $3.15 for the fiscal year [34]