Welcome to our dedicated page for Electronic Arts news (Ticker: $EA), a resource for investors and traders seeking the latest updates and insights on Electronic Arts stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Electronic Arts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Electronic Arts's position in the market.
Electronic Arts (EA) reported strong financial results for Q4 and FY24, with net bookings of $7.430 billion, up 1% year-over-year. The company highlighted record cash flow and strong earnings growth, driven by EA SPORTS FC and Madden NFL. EA announced an expanded stock repurchase program and declared a quarterly cash dividend of $0.19 per share. The company expects accelerated growth in FY26 with a focus on new experiences like College Football. Net revenue for FY24 was $7.562 billion, up 2% year-over-year, with net cash provided by operating activities reaching a record $2.315 billion. EA returned $1.505 billion to stockholders through stock repurchases and dividends. The board authorized a new stock repurchase program of $5 billion over three years. EA's Fiscal Year 2025 expectations include net revenue of $7.100-$7.500 billion, net income of $904 million to $1.085 billion, and diluted earnings per share of $3.34 to $4.00.
