10-QPeriod: Q1 FY2000

ELECTRONIC ARTS INC. Quarterly Report for Q1 Ended Jun 30, 1999

Filed August 12, 1999For Securities:EA

Summary

Electronic Arts Inc. (EA) filed its quarterly report on August 11, 1999, for the period ending June 29, 1999. This filing provides a snapshot of the company's financial performance and operational status during this period. Investors should pay close attention to the company's revenue generation, profitability, and any significant changes in its financial structure or market position, especially within the rapidly evolving video game industry of the late 1990s. The report likely details sales of existing titles, progress on upcoming releases, and investments in new technologies or intellectual property. Further analysis of the full 10-Q document (which is not fully provided here) would be necessary to understand EA's competitive landscape, its cash flow, debt levels, and any disclosed risks or strategic initiatives. Given the era, understanding EA's success with console game releases and potential expansion into PC gaming or emerging platforms would be crucial for assessing its growth trajectory and long-term value.

Key Highlights

  • 1The filing is a 10-Q report for Electronic Arts Inc. (EA) for the period ending June 29, 1999.
  • 2The report was filed on August 11, 1999, providing a look into the company's financial health during Q2 1999.
  • 3This filing would typically contain unaudited financial statements, management's discussion and analysis of financial condition and results of operations, and other material disclosures.
  • 4Investors would look for information on revenue growth, profitability, operating expenses, and cash flow during the quarter.
  • 5Key performance indicators would include sales of EA's video game titles across various platforms (e.g., consoles like PlayStation, Nintendo 64, and PC).
  • 6Any significant new game releases, intellectual property acquisitions, or strategic partnerships would be of interest to investors.
  • 7The competitive environment in the gaming industry at the time, including key competitors and market share, would also be an important context for analyzing EA's performance.

Frequently Asked Questions

Investors should focus on revenue (net sales), gross profit, operating income, net income, and earnings per share. Additionally, analyzing trends in operating expenses (e.g., research and development, marketing and sales) and cash flow from operations provides insight into the company's operational efficiency and financial health.

This indicates the specific date up to which the financial information in the report is accurate. The report covers the company's financial activities for the fiscal quarter that concluded on June 29, 1999. The filing date of August 11, 1999, signifies when the company officially submitted this report to the SEC.

In 1999, Electronic Arts' business was heavily driven by the release and sales of video games for major consoles of the era, such as the Sony PlayStation and Nintendo 64, as well as PC games. Major sports franchises (like Madden NFL), simulation games, and popular action/adventure titles were likely significant contributors to revenue. Expansion into new IPs and technologies would also be a focus.

Potential risks could include dependence on a few key titles or platforms, intense competition in the rapidly evolving video game market, the cyclical nature of hardware sales, the challenge of developing and marketing new games, potential product delays, intellectual property risks, and the impact of emerging technologies or business models within the entertainment industry.