Electronic Arts Inc - EA STOCK NEWS

Electronic Arts (NASDAQ: EA) has appointed Chris Suh as its new Chief Financial Officer, effective March 1. Suh replaces Blake Jorgensen, who is stepping down after nearly a decade. Suh brings over 25 years of experience from Microsoft, where he played a key role in financial leadership within the Cloud + AI group. His responsibilities at EA will include managing Accounting, Financial Planning, Investor Relations, and more. EA reported GAAP net revenue of $5.6 billion in fiscal year 2021, focusing on digital interactive entertainment.

Electronic Arts (EA) is set to expand its partnership with Lucasfilm Games by developing three new titles in the Star Wars universe. Key projects include the next installment in the Star Wars Jedi series, a first-person shooter led by Peter Hirschmann, and a strategy game through collaboration with Bit Reactor. Respawn Entertainment will oversee these developments, showcasing their history of creating acclaimed Star Wars experiences. The initiative aims to deliver diverse gameplay across multiple genres, leveraging EA's strong brand presence in the gaming industry.

Electronic Arts (NASDAQ:EA) announced the final Team Of The Year (TOTY) for EA SPORTS FIFA 22, following a voting period from January 10-17, 2022. Fans globally participated in selecting their favorite players from a list of 80 nominees. The TOTY player items will be available in FIFA Ultimate Team starting January 21, 2022. David Jackson, VP of brand for EA SPORTS FIFA, highlighted the engagement of the community in recognizing the players who made significant impacts in 2021.

Electronic Arts (NASDAQ: EA) has launched a significant update to its mobile game, FIFA Mobile, enhancing gameplay, visuals, and audio. This update aims to provide millions of players with an immersive football experience and supports a variety of devices. Key features include a redesigned gameplay engine, real-time camera angle switching, and live audio commentary in 11 languages. The update reflects EA's commitment to player feedback and is designed to sustain FIFA Mobile as a leading football platform globally.

Electronic Arts Inc. (NASDAQ: EA) will announce its financial results for the fiscal quarter ending December 31, 2021, after market close on February 1, 2022. The company will hold a conference call to discuss these results and its future outlook at 2:00 PM Pacific Time. Interested parties can access the call via dial-in or audio webcast. EA reported GAAP net revenue of $5.6 billion for fiscal year 2021, being a leader in digital interactive entertainment with popular game franchises like FIFA and Battlefield.

Electronic Arts (NASDAQ: EA) and Major League Soccer (MLS) have announced the schedule for the 2022 eMLS season, featuring 27 professional FIFA players competing for a total prize pool of $75,000. Events will take place in Cincinnati, Chicago, and culminate in the eMLS Cup at SXSW in Austin, Texas on March 13. This season marks the debut on PlayStation 5, ensuring enhanced competition. Notable sponsors include Coca-Cola, Cheez-It, and PlayStation, who will support various league events and promotions.

Electronic Arts (NASDAQ: EA) announced the global launch of GRID™ Legends set for February 25. The racing game features over 250 events, a new story mode 'Driven to Glory', and cross-platform multiplayer capabilities. Players can access over 100 vehicles at launch, including customizable options in the Race Creator mode. Pre-orders include the Seneca & Ravenwest Double-Pack, unlocking four additional cars and exclusive events. EA emphasizes a focus on gameplay variety and the improved multiplayer experience, allowing friends to connect quickly.

Electronic Arts Inc. (NASDAQ: EA) has appointed Rachel Gonzalez to its Board of Directors, effective immediately. Gonzalez, who is currently executive vice president and general counsel at Starbucks, will also join EA's Nominating and Governance Committee. Her experience includes leadership roles at Sabre Corporation and Dean Foods, as well as a legal career focusing on corporate governance and SEC compliance. EA's Chairman & CEO Andrew Wilson emphasized that Gonzalez's expertise will greatly benefit the company as it seeks to accelerate growth and innovation.

Electronic Arts Inc. (NASDAQ: EA) has launched its new first-person shooter, Battlefield 2042, which supports up to 128 players on next-gen consoles and PCs. The game features a dynamic environment with large maps, vehicles, and a focus on narrative through its new playable characters known as Specialists. It includes three main multiplayer experiences: All-Out Warfare, Battlefield Portal, and Hazard Zone. Priced at $59.99 for standard editions and $69.99 for next-gen consoles, the launch represents a strategic addition to EA's portfolio, which recorded $5.6 billion in revenue for FY2021.