8-KEarnings & ResultsOther EventsExhibits & Filings

ELECTRONIC ARTS INC. 8-K Report, Financial Results (May 9, 2023)

Filed May 9, 2023For Securities:EA

Summary

Electronic Arts Inc. (EA) filed an 8-K on May 8, 2023, reporting its financial results for the fourth fiscal quarter and full year ended March 31, 2023. The filing includes a press release detailing these results, which should be reviewed for specific financial performance metrics and operational highlights. Investors should note that this information is furnished, not filed, and therefore does not carry the same legal implications under Section 18 of the Exchange Act. Additionally, the company announced a quarterly cash dividend of $0.19 per share, payable on June 21, 2023, to shareholders of record on May 31, 2023. This dividend declaration signals continued commitment to returning capital to shareholders, a key consideration for income-focused investors.

Key Highlights

  • 1EA announced financial results for the fourth fiscal quarter and full year ended March 31, 2023, via a press release filed with the 8-K.
  • 2The press release (Exhibit 99.1) contains detailed financial performance and operational information for the reported periods.
  • 3EA declared a quarterly cash dividend of $0.19 per share.
  • 4The dividend is scheduled to be paid on June 21, 2023.
  • 5Shareholders of record as of May 31, 2023, will be eligible to receive the dividend.
  • 6Information provided in the 8-K and accompanying press release is furnished, not filed, for purposes of Section 18 of the Exchange Act.
  • 7The company has also included an Interactive Data File for enhanced data analysis.

Frequently Asked Questions

This 8-K filing primarily serves to announce EA's financial results for the fourth fiscal quarter and full year ended March 31, 2023. The specific details of these results, such as revenue, earnings, and key performance indicators, are contained within the attached press release (Exhibit 99.1) and should be reviewed directly for comprehensive information.

Yes, the Audit Committee of EA declared a cash dividend of $0.19 per share of common stock. This dividend is expected to be paid on June 21, 2023, to shareholders who are on record as of the close of business on May 31, 2023.

The 'furnished, not filed' statement means that while the information is being disclosed to the public, it does not carry the same legal responsibilities or liabilities under Section 18 of the Securities Exchange Act of 1934 as if it were formally 'filed'. This is a common distinction for earnings releases included in 8-Ks.

The most detailed information regarding EA's financial results for the period ended March 31, 2023, is provided in the press release attached as Exhibit 99.1 to this 8-K filing. Investors should refer to this press release for specific figures and commentary.