Electronic Arts reported a strong Q3 FY22, marked by significant growth in net bookings, profitability, and cash generation. The company's network expanded to over 540 million unique active accounts, with increased player engagement across its franchises.
Net bookings for the trailing twelve months increased by 22% year-over-year, reaching $7.254 billion.
The EA player network grew to over 540 million unique active accounts.
Apex Legends monthly active players increased by more than 30% year-over-year.
Net cash provided by operating activities was a record $1.534 billion for the quarter.
For the quarter ending March 31, 2022, EA anticipates net revenue of approximately $1.759 billion, net income of around $130 million, and diluted earnings per share of about $0.46.
Visualization of income flow from segment revenue to net income