Electronic Arts (EA) Misses Q3 EPS by $2.31, Misses on Revenue; Offers FY23 Revenue Guidance

Electronic Arts (NASDAQ: EA) reported Q3 EPS of $0.73, $2.31 worse than the analyst estimate of $3.04. Revenue for the quarter came in at $1.88 billion. Net bookings for the quarter were $2.342 billion, versus the consensus estimate of $2.48 billion.

GUIDANCE:

Electronic Arts sees FY2023 revenue of $7.25-7.35 billion

Electronic Arts sees FY2023 net bookings of $7.07-$7.17 billion, versus the consensus of $7.76 billion.

Electronic Arts sees Q4 net bookings of $1.675-$1.775 billion, versus the consensus of $2.22 billion.

For earnings history and earnings-related data on Electronic Arts (EA) click here.

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