Electronic Arts Q1 2023 GAAP EPS, bookings beat estimates, co reaffirms FY 2023 guidance
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Electronic Arts (NASDAQ:EA): FQ1  GAAP EPS of $1.11  beats by $0.16.
Net bookings of $1.3B (-3.0% Y/Y)  beats by $50M.
The EA player network grew to nearly 600M active accounts at quarter end.
EA declares a quarterly cash dividend of $0.19 per share.
EA reaffirms FY 2023 guidance of net bookings of about $7.90B to $8.10B vs. consensus estimate of $8B.
EA reaffirms FY 2023 guidance of EPS to be about $2.79 to $2.87.
EA sees Q2 2023 net bookings to be about $1.725B to $1.775B vs. consensus estimate of $1.87B.
EA sees Q2 2023 EPS to be about $0.78 to $0.86.
Press release
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