Electronic Arts (EA) has reported strong Q1 FY24 results, with record net bookings up 21% year-over-year. The success was driven by the popular EA SPORTS FIFA and Star Wars Jedi: Survivor games. EA’s CEO, Andrew Wilson, highlighted the company’s innovative entertainment experiences and upcoming highly anticipated titles. The CFO, Stuart Canfield, emphasized the focus on long-term growth and profitability. The report also highlighted the success of live services and other net bookings, representing 75% of total net bookings. The company repurchased shares and declared a quarterly cash dividend. Overall, EA’s financial performance points towards a promising future.
Check out the full release here: https://news.ea.com/press-releases/press-releases-details/2023/Electronic-Arts-Reports-Strong-Q1-FY24-Results/default.aspx
