Electronic Arts Inc. (NASDAQ:EA) Q4 2024 Earnings Call Transcript May 7, 2024 5:00 PM ET

Company Participants

Andrew Uerkwitz - VP, IR
Andrew Wilson - CEO
Stuart Canfield - CFO

Conference Call Participants

Chris Schoell - UBS
Eric Handler - ROTH MKM
Andrew Marok - Raymond James
Colin Sebastian - R.W. Baird
Michael Hickey - Benchmark Company
Eric Sheridan - Goldman Sachs

Operator

Good afternoon. My name is Bhavish and I'll be your conference operator today. At this time, I would like to welcome everyone to the Electronic Arts' Fourth Quarter and Fiscal Year End 2024 Earnings Conference Call.

I would like to turn the conference over to Mr. Andrew Uerkwitz, Vice President, Investor Relations. Please go ahead.

Andrew Uerkwitz

Thank you. Welcome to EA's fourth quarter and fiscal 2024 earnings call. With me today are Andrew Wilson, our CEO; and Stuart Canfield, our CFO. Please note that our SEC filings and our earnings release are available at ir.ea.com. In addition, we have posted detailed earnings slides to accompany our prepared remarks. Lastly, after the call, we will post our prepared remarks, an audio replay of this call and a transcript.

With regards to our calendar, our first quarter fiscal year 2025 earnings call is scheduled for Tuesday, July 30. As a reminder, we post a schedule of upcoming earnings calls for the fiscal year on our IR website. This presentation and our comments include forward-looking statements regarding future events and the future financial performance of the company. Actual events and results may differ materially from our expectations. We refer you to our most recent Form 10-Q for a discussion of risks that could cause actual results to differ materially from those discussed today.

Electronic Arts makes these statements as of today, May 7, 2024 and disclaims any duty to update them. During this call, the financial metrics with the exception of free cash flow and non-GAAP operating margin will be presented on a GAAP basis. For more information on our non-GAAP operating margin, please see our earnings slides and the FAQ document available on our Investor Relations website. All comparisons made in the course of this call, are against the same period in the prior year unless otherwise stated.

Now, I'll turn the call over to Andrew Wilson.

Andrew Wilson

Thanks, Andrew. In FY 2024, we entertained and connected hundreds of millions of people around the world. I'm inspired by how our teams continue to create and deliver more innovative content and deeper experiences than ever. Before I dive into our results, I want to talk about the accelerating transformations across the entertainment landscape and how we have been navigating and leading through change.