Electronic Arts Reports Q4 FY17 and Full Year FY17 Financial Results

For more information about the nature of the GAAP-based financial data, please refer to EA’s Form 10-Q for the quarter ended December 31, 2016.

 

Fiscal Year Financial Highlights:

(in millions, except per share amounts)
Twelve Months Ended March 31,
2017   2016
 
Digital net revenue $2,874 $2,409
Packaged goods and other net revenue 1,971 1,987
Total net revenue $4,845 $4,396
 
Net income $967 $1,156
Diluted earnings per share $3.08 $3.50 *
 
Operating cash flow $1,383 $1,223
 
Value of shares repurchased $508 $1,018
Number of shares repurchased 6.5 15.7
 
*Included an income tax credit due to the reversal of the valuation allowance EA had against its U.S. deferred tax assets. This $453 million credit increased diluted GAAP earnings per share for fiscal year 2016 by $1.37 per share to $3.50, but had no impact on cash flow.
 

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