Electronic ArtsEPS of -$0.04, bookings of $1.95B beats by $220M
Electronic Arts press release (NASDAQ:EA): Q4 EPS of -$0.04 may not be comparable to consensus of $1.31.
Bookings of $1.95B (+11.4% Y/Y)  beats by $220M.
Shares +3%.
Record Q4 net bookings driven by all-time high EA SPORTS FIFA franchise performance;

Live services and other net bookings for Q4 was $1.622 billion, a record for the quarter, up 9% year-over-year (up 13% in constant currency) and represented 83% of total net bookings
First Quarter Fiscal Year 2024 Expectations â Ending June 30, 2023
Financial metrics:
Net revenue is expected to be approximately $1.825 billion to $1.925 billion.Change in deferred net revenue (online-enabled games) is expected to be approximately ($325) million.


Net income is expected to be approximately $271 million to $316 million.
Diluted earnings per share is expected to be approximately $0.98 to $1.14 vs $0.86 consensus
The Company estimates a share count of 277 million for purposes of calculating first quarter fiscal 2024 diluted earnings per share.

Operational metric:

Net bookings is expected to be approximately $1.500 billion to $1.600 billion.