Categories AlphaGraphs, Earnings, Technology

Electronic Arts (EA) Q1 revenue and profit rise in double digits; guides FY23

Video game company Electronic Arts, Inc. (NASDAQ: EA) reported higher earnings and revenues for the first quarter of 2023. However, net bookings declined modestly.

Electronic Arts Q1 2023 earnings infographic

During the June quarter, the company’s revenues increased 14% year-over-year to $1.77 billion, despite a 3% decrease in net bookings. The management also provided revenue guidance for the second quarter and full fiscal year.

The net profit of the Redwood City, California-based company rose to $311 million or $1.11 per share in the most recent quarter from $204 million or $0.71 per share in the first quarter of 2022.


Check this space to read management/analysts’ comments on Electronic Arts’ Q1 report


“Our expanding EA SPORTS portfolio and owned IP franchises continue to power resilience and longevity in our business. Our teams remain focused on what they do best – making amazing experiences that inspire new generations to play, watch, create, compete and connect,” said Andrew Wilson, CEO of Electronic Arts.

Prior Performance

  • Electronic Arts Q4 2022 earnings infographic
  • Electronic Arts reports Q2 2022 earnings results
  • Electronic Arts reported Q1 2022 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Darden Restaurants (DRI) Q3 2025 Earnings: Key financials and quarterly highlights

Darden Restaurants, Inc. (NYSE: DRI) reported its third quarter 2025 earnings results today. Total sales increased 6.2% to $3.2 billion compared to the same period last year. Blended same-restaurant sales

ACN Earnings: Key quarterly highlights from Accenture’s Q2 2025 financial results

Accenture plc (NYSE: ACN) reported its second quarter 2025 earnings results today. Revenues totaled $16.7 billion, up 5% in US dollars and 8.5% in local currency. Net income attributable to

GIS Q3 Call Highlights: Cereal Comeback, Snacking Slowdown & Protein Innovations!

General Mills Inc., a global food company known for producing and marketing popular brands like Cheerios, Pillsbury, Häagen-Dazs, and Betty Crocker, in its Q3 earnings call highlighted its strategy to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close