Electronic Arts Non-GAAP EPS of $1.47 beats by $0.45, revenue of $1.58B misses by $10M
Electronic Arts press release (NASDAQ:EA): Q1 Non-GAAP EPS of $1.47  beats by $0.45.
Revenue of $1.58B (+21.5% Y/Y)  misses by $10M.
Shares -3%.
Record Q1 Net Bookings, up 21% year-over-year, driven by EA SPORTS FIFA Momentum and Star Wars Jedi: Survivor
Live services and other net bookings for Q1 was $1.177 billion, up 4% year-over-year (up 7% in constant currency) and represented 75% of total net bookings.

Fiscal Year 2024 Expectations â Ending March 31, 2024
Financial metrics:

Net revenue is expected to be approximately $7.300 billion to $7.700 billion.No change in deferred net revenue (online-enabled games) is expected.

Net income is expected to be approximately $947 million to $1.087 billion.
Diluted earnings per share is expected to be approximately $3.42 to $3.92.
Operating cash flow is expected to be approximately $1.700 billion to $1.850 billion.
The Company estimates a share count of 277 million for purposes of calculating fiscal year 2024 diluted earnings per share.

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