In addition to Weibo, there is also WeChat
Please pay attention
WeChat public account
Shulou
2025-01-20 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
Share
Shulou(Shulou.com)11/24 Report--
According to the news in the morning of May 10, Beijing time, EA today announced the company's fourth quarter and full-year results of fiscal 2023. According to the report, EA's total net revenue in the fourth quarter was $1.874 billion, up 3% from $1.825 billion in the same period last year. Excluding US general accounting standards, net bookings (net bookings) were $1.946 billion, compared with $1.751 billion in the same period last year, an increase of 11% over the same period last year. The net loss was $12 million, compared with a net profit of $225 million in the same period last year.
EA's fourth-quarter net bookings and adjusted earnings per share both beat Wall Street analysts' expectations, pushing its shares up nearly 3 per cent in after-hours trading.
Fourth quarter results summary: for the quarter ended March 31, EA posted a net loss of $12 million, compared with a year-on-year net profit of $225 million, and a diluted loss per share of $0.04. diluted earnings per share were 80 cents per share in the same period last year.
According to financial market data and Refinitiv, the infrastructure provider, EA's fourth-quarter adjusted earnings per share beat analysts' expectations at $1.77 a share. On average, 24 analysts expected EA's adjusted earnings per share to reach $1.31 in the fourth quarter, according to data provided by Yahoo Finance.
EA's total net revenue in the fourth quarter was $1.874 billion, up 3 per cent from $1.825 billion a year earlier.
By revenue composition, revenue from full game downloads in the fourth quarter was $274 million, down 12% from $312 million in the same period last year, while revenue from packaged goods was $98 million, down 22% from $126 million in the same period last year. Revenue from full games (the sum of the two) was $372 million, down 15 per cent from $438 million in the same period last year, while revenue from live streaming services and other businesses was $1.502 billion, up 8 per cent from $1.387 billion a year earlier.
By platform, revenue from the game console business was $1.088 billion in the fourth quarter, roughly unchanged from $1.092 billion a year earlier; revenue from PC and other businesses was $469 million, up 12 per cent from $420 million a year earlier; and revenue from mobile was $317 million, up 1 per cent from $313 million a year earlier.
EA's fourth-quarter net bookings (net bookings) were $1.946 billion, compared with $1.751 billion in the same period last year, up 11% from a year earlier, and 15% year-on-year growth excluding currency changes, which also beat expectations. On average, 22 analysts expected EA's fourth-quarter net bookings to reach $1.76 billion, according to data provided by Yahoo Finance.
EA's fourth-quarter gross profit was $1.426 billion, compared with $1.406 billion a year earlier. EA's fourth-quarter revenue cost was $448 million, compared with $419 million a year earlier. EA's fourth-quarter operating profit was $175 million, compared with $365 million a year earlier.
EA's total operating expenses in the fourth quarter were $1.251 billion, compared with $1.041 billion in the same period last year. Of this total, R & D expenditure was $635 million, compared with $579 million in the same period last year; marketing and sales expenditure was $255 million, compared with $245 million in the same period last year; and general and administrative expenses were $224 million, compared with $165 million in the same period last year. Intangible assets amortization expenditure was $26 million, compared with $5200 in the same period last year, and restructuring expenditure was $111 million, which was not incurred in the same period last year.
EA's net cash from business operations in the fourth quarter was $617 million, compared with $444 million a year earlier. In the fourth quarter, EA bought back 2.7 million shares, for a total of $325 million. In the fourth quarter, EA paid out a $52 million cash dividend.
EA has announced a cash dividend of $0.19 per common share, which will be paid on June 21, 2023 to shareholders of record as of the close of business on May 31, 2023.
Summary of results for fiscal year 2023: for the entire fiscal year 2023, EA's total net revenue was $7.426 billion, compared with $6.991 billion in fiscal year 2022. Of this total, revenue from the complete games business was $1.937 billion, compared with $1.933 billion in fiscal year 2022, and revenue from live streaming services and other businesses was $5.489 billion and $4.998 billion in fiscal year 2022.
EA's net bookings were $7.341 billion in fiscal 2023 and $7.515 billion in fiscal 2022, beating analysts' expectations. On average, 26 analysts expected EA's full-year net bookings to reach $7.14 billion, according to data provided by Yahoo Finance.
EA's net profit was $802 million in fiscal 2023 and $789 million in fiscal 2022; diluted earnings per share were $2.88 per share and $2.76 in fiscal 2022.
EA posted a gross profit of $5.634 billion in fiscal 2023 and $5.132 billion in fiscal 2022. EA's operating profit was $1.332 billion in fiscal 2023 and $1.129 billion in fiscal 2022.
EA's net cash from business operations in fiscal 2023 was $1.55 billion, compared with $1.899 billion a year earlier. Throughout fiscal year 2023, EA bought back a total of 1040 million shares, with a total amount of $1.295 billion spent on stock repurchases. In fiscal year 2023, EA paid out a total of $210 million in cash dividends.
Performance outlook: in the first quarter of fiscal 2024, EA expects net revenue of between $1.825 billion and $1.925 billion, and net profit between $271 million and $316 million; diluted earnings per share are expected to reach between $0.98 and $1.14, exceeding analysts' expectations Net bookings are expected to reach between $1.5 billion and $1.6 billion, with an average of $1.55 billion in line with analysts' expectations.
On average, 13 analysts expected EA's net bookings to reach $1.55 billion in the first quarter, while 16 analysts expected EA's adjusted earnings per share to reach 88 cents a share in the first quarter, according to data provided by Yahoo Finance.
In fiscal year 2024, EA expects net income to reach between $7.3 billion and $7.7 billion; net profit is expected to reach between $915 million and $1.055 billion; diluted earnings per share are expected to reach between $3.30 and $3.81; operating cash flow is expected to reach between $1.7 billion and $1.85 billion Net bookings are expected to reach between $7.3 billion and $7.7 billion, with an average of $7.5 billion, roughly in line with analysts' expectations.
According to data provided by Yahoo Finance, 26 analysts had on average expected EA's net bookings to reach $7.52 billion in fiscal 2023, while 27 analysts had expected EA's adjusted earnings per share to reach $6.57 in fiscal 2023.
Share price movements: on the day, EA shares fell 35 cents, or 0.28 percent, to $125.41 in regular Nasdaq trading. In after-hours trading as of 06:48 est on the 9th (06:48 Beijing time on the 10th), EA shares rose $3.29, or 2.62 per cent, to $128.70. Over the past 52 weeks, EA has priced as high as $142.79 and as low as $108.53.
Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.
Views: 289
*The comments in the above article only represent the author's personal views and do not represent the views and positions of this website. If you have more insights, please feel free to contribute and share.
Continue with the installation of the previous hadoop.First, install zookooper1. Decompress zookoope
"Every 5-10 years, there's a rare product, a really special, very unusual product that's the most un
© 2024 shulou.com SLNews company. All rights reserved.