EA Reports Fiscal Q3 Earnings Boosted by EA Sports FC

EA Sports FC 24 Outperforms Expectations with 7% Net Bookings Growth

Electronic Arts (EA) reported fiscal third-quarter earnings with net bookings of $2.366 billion, up 1% from a year ago, driven by its EA Sports FC.
EA Sports FC 24 outperformed expectations, delivering 7% net bookings growth against a prior year that included the World Cup.
EA's net revenues were $1.945 billion, with net cash from operating activities of $1.264 billion, up 13% from a year ago.
For the fourth quarter ending March 31, 2024, EA expects net revenue to be $1.625 billion to $1.925 billion.
EA's full fiscal year ending March 31, 2024, net revenue is expected to be $7.408 billion to $7.708 billion.