Electronic Arts Inc - EA STOCK NEWS

Electronic Arts (NASDAQ: EA) is set to release its financial results for the fiscal quarter and year ended March 31, 2022, after market close on May 10, 2022. The company will hold a conference call at 2:00 PM PT to discuss these results and its future outlook. The call can be accessed via dial-in or audio webcast. EA reported a GAAP net revenue of $5.6 billion for fiscal year 2021, highlighting its strong position in the digital interactive entertainment market with popular franchises like FIFA and Battlefield.

LEARFIELD and Electronic Arts announce the launch of the EA SPORTS FIFA 22 College National Championship, open for registration to full-time college students from accredited universities. The competition starts on April 23 and features a total prize pool of $100,000, with $50,000 going directly to campus esports programs. More than 30 hours of live gameplay will be streamed on Twitch, showcasing top talents in collegiate esports and enhancing community engagement.

Electronic Arts Inc. (NASDAQ: EA) announced the launch of EA SPORTS™ PGA TOUR™ scheduled for Spring 2023. This game will be the exclusive platform for all four major golf championships, including the Masters, PGA Championship, U.S. Open, and The Open Championship. Players can expect realistic gameplay powered by the Frostbite™ engine, featuring events like THE PLAYERS Championship and the FedExCup Playoffs. The game incorporates authentic PGA TOUR golfer data through ShotLink® and features a revamped Create-A-Player option for female golfers.

Electronic Arts (NASDAQ: EA) has launched MLB Tap Sports Baseball 2022, its first game following the acquisition of Glu Mobile, now available for download on major app platforms. The game features renewed gameplay with new elements like the Champions Tier for earnable in-game rewards, enhanced gear customization options, improved UI, and better visual fidelity with over 300 new animations. Cover athlete is Bryce Harper, the reigning National League MVP. This installment emphasizes a streamlined user experience aiming to captivate baseball fans worldwide.

Electronic Arts Inc. (NASDAQ: EA) has launched GRID Legends, a new racing game featuring cross-platform multiplayer, an engaging story mode, and an innovative Race Creator. Players can jump into races instantly without lobby waits, enhancing gameplay. With 130 routes worldwide and over 100 vehicles, GRID Legends offers a dynamic racing experience driven by AI unpredictability. The game is available on multiple platforms, including Xbox and PlayStation, with a trial for EA Play subscribers. Mark Green from Codemasters highlighted the game's versatility and appeal for racing fans.

Electronic Arts (NASDAQ:EA) and BioWare have launched Legacy of the Sith, a new expansion for Star Wars™: The Old Republic™, celebrating the game's 10th anniversary. The expansion introduces new story campaigns, character customization features, and quality-of-life upgrades. Players can reach a level cap of 80 and explore new collaborative missions. The 10th anniversary will feature ongoing content releases, including new operations and player-versus-player updates throughout the year.

Electronic Arts (NASDAQ: EA) and the NFL will showcase the Ultimate Madden Bowl Final tonight at 7 pm ET, marking the climax of the Madden NFL 22 Championship Series. This event features record media distribution across platforms like Twitch, YouTube, and ESPN, along with a halftime show starring Moneybagg Yo and Blocboy JB. A total prize purse of $1 million is at stake as competitors Wesley and Henry face off. Following the event, the Ultimate Madden Bowl ESPN Special will air on February 11 at 8:30 pm ET.

Electronic Arts (NASDAQ: EA) unveiled its annual Super Bowl prediction via Madden NFL 22, projecting the Cincinnati Bengals to defeat the LA Rams 24-21, securing their first Super Bowl title. Joe Burrow is predicted to be the Super Bowl MVP. The simulation highlights a close game with the Bengals coming back from a halftime deficit. Additionally, EA collaborated with Nike for a campaign rewarding fans who run five miles, enhancing engagement through the Nike Run Club App. The prediction is regarded as a reliable indicator before the game.

Electronic Arts reported strong preliminary financial results for Q3 FY22, ending December 31, 2021. Net bookings for the trailing twelve months reached $7.254 billion, up 22% year-over-year, with record performance in net revenue and cash generation. The company boasts over 540 million unique active accounts, with players spending nearly 20% more time in games compared to last year. EA declared a cash dividend of $0.17 per share. For FY22, EA expects net revenue around $6.925 billion and net income of approximately $694 million.