Electronic Arts Inc

EA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$187.00	Fwztvfz	Rkhdfdptn

Electronic Arts Reports Strong Fiscal Q2; FIFA Continues to Add Players

Neil Macker

Nov 4, 2021

Electronic Arts posted another strong quarter as fiscal 2022 second-quarter bookings and adjusted EBITDA handily beat FactSet consensus expectations. While the prior-year weakness due to the delayed FIFA launch meant net bookings more than doubled, the gain was still impressive given the positive conditions for gaming created by the lockdown restrictions during 2020. Management raised bookings guidance for the year, albeit by only 3% to $7.4 billion, based on the strong quarter.

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