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Electronic Arts, Incorporated (ERTS)

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John S. Riccitiello , Director/CEO

www.ea.com

Industry: Technology

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Overview

The Company develops, markets, publishes and distributes video game software and content played by consumers, including video game consoles, personal computers, handheld game players and cellular handsets. It also provides online game-related services.

Portfolio Articles

Almost Like Being There
New game developer World Golf Tour intends to let golfers "play" the best courses around the world. Could it be a match for Tiger?

Jun 16 2008
Big Loot From Grand Theft
Blockbuster sales could determine Take-Two's future.
May 07 2008
Game Boy
Activision C.E.O. Bobby Kotick bought Guitar Hero and became a star. But will competitors' aggressive moves-like Electronic Arts' hostile bid for Take-Two-knock him on his ax?
Apr 10 2008
Proxy Soldiers
As Microsoft and Yahoo gird for battle, specialists locate positions.
Feb 25 2008
Bear Hug, the Videogame
Electronic Arts makes $2 billion offer for Take-Two.
Feb 25 2008

See more news on this company

News Feeds

Take Two profits strong on "Grand Theft Auto" lift Reuters
Sep 04 2008
Take-Two swings to 3Q profit, sales soar AP
Sep 04 2008
Woods' golf limited to video game AP
Aug 28 2008
Gillette partners with EA Sports AP
Aug 28 2008
Gillette, EA Sports team up AP
Aug 28 2008
Take-Two shares inch higher as EA talks continue AP
Aug 26 2008
FTC clears EA's potential buyout of Take-Two AP
Aug 20 2008
La. lands testing center for video game maker EA AP
Aug 20 2008
Reuters Business Summary Reuters
Aug 19 2008
EA drops hostile Take-Two bid and enters talks Reuters
Aug 18 2008

Portfolio Blogs

Last Bytes: Intel, Yahoo, Nintendo, Palm
Aug 20 2008
Last Bytes: EA/Take-Two, GPhone, "White Spaces," Apple Fire
Aug 18 2008
EA to Play in Knights of the Old Republic
Jul 17 2008

Last Bytes: Microsoft, Yahoo, Icahn, Facebook, Android, more...
Jul 07 2008
Activision: Driving EA Crazy; Upcoming CEO Interview
Feb 25 2008

Press Releases

NFL Head Coach 09 Available in Stores Now Sep-04-2008, 11:40AM EDT
EA and PopCap Further Extend Bejeweled Agreement Sep-04-2008, 09:02AM EDT
Spore Available at Retailers Worldwide This Week From EA and Maxis Sep-04-2008, 03:01AM EDT
Ding Ding Ding! FaceBreaker Ships to Retailers Today Sep-03-2008, 08:00AM EDT
More Than 50 Creative Celebrities Test the Limits of Their Imagination with EA's Spore Sep-02-2008, 09:00AM EDT

News From Around the Web

News

Power Up: Battlefield Heroes free, but too freely cartoony (Philadelphia Inquirer)

Sep 05 2008
EA bid for Take-Two lapses (Financial Times)

Sep 05 2008
Electronic Arts bets big on a new game (Arizona Republic)

Sep 04 2008
Nickles and Dimes: Online Sites Bank Micropayments (New York Sun)

Sep 04 2008
Electronic Arts, Take-Two In Confidential Talks (Information Week)

Sep 04 2008
EA Drops $2 Billion Hostile Take-Two Bid, Enters Talks (Information Week)

Sep 04 2008
EA Mobile Secures PopCap's Bejeweled Through 2010 (GameDaily)

Sep 04 2008
Take-Two swings to 3Q profit, sales soar (Forbes)

Sep 04 2008
Rumor EA Plays Hard Ball, Walks Out On Take-Two Negotiations (FileFront.com)

Sep 04 2008
Take-Two set to highlight evening trading session (Washington Post)

Sep 04 2008

Blogs

EA Announces SimCity and the Sims 3 for the iPhone: Spore Coming on September 7th [IPhone] (Gizmodo)

Sep 04 2008
EA Announces Sim City and the Sims for the iPhone: Spore Coming on September 7th [IPhone] (Gizmodo)

Sep 04 2008
Frankenreview: Mercenaries 2: World In Flames [Round Up] (Kotaku)

Sep 04 2008
EA Is Coming For Your Developers, Japan [Electronic Arts] (Kotaku)

Sep 03 2008
Will 'Spore' help Electronic Arts' fortunes? (Blogging Stocks)

Sep 03 2008

Employees

Number of Employees: 9,000

Revenue per Employee: $370,759

Top Executives

Nancy L. Smith, President, Divisional

Stephen G. Bene, Senior VP/Secretary/General Counsel

John Schappert, Senior VP/COO, Divisional

Kenneth C. Barker, Senior VP/Chief Accounting Officer

John Pleasants, COO/President, Divisional

V. Paul Lee, Other Corporate Officer

Peter Moore, President, Divisional

David P. Gardner, Divisional Executive VP/Divisional COO

Michael Marchetti, Senior VP/General Manager, Subsidiary

Eric F. Brown, CFO/Executive VP

Dr. Gerhard Florin, Ph.D., Executive VP/General Manager, Divisional

Gabrielle Toledano, Executive VP, Divisional

Frank D. Gibeau, President, Divisional

Kathy Vrabeck, President, Divisional

Joel Linzner, Executive VP, Divisional

Board of Directors

Leonard S. Coleman, Jr., Director

Stephen G. Bene, Senior VP/Secretary/General Counsel

Richard A. Simonson, Director

Linda J. Srere, Director

Vivek Paul, Director

Gary M. Kusin, Director

Lawrence F. Probst, III, Director/Chairman of the Board

Gregory B. Maffei, Director

Financials

Quarterly

Annual

Income Statement	07/2008	05/2008	02/2008	11/2007
Sales	231 Mil.	427 Mil.	747 Mil.	365 Mil.
Gross Operating Profit	573 Mil.	701 Mil.	756 Mil.	275 Mil.
Operating Income before D & A (EBITDA)	5 Mil.	167 Mil.	340 Mil.	-232 Mil.
Total Income Before Interest Expenses (EBIT)	-67 Mil.	-136 Mil.	240 Mil.	-242 Mil.
Total Net Income	-95 Mil.	-93 Mil.	-33 Mil.	-195 Mil.
Basic EPS, Total	-0.3	-0.3	-0.1	-0.62
Diluted EPS, Total	-0.3	-0.3	-0.1	-0.62

BALANCE STATEMENT	07/2008	05/2008	02/2008	11/2007
Cash and Equivalents	1.95 Bil.	1.55 Bil.	2.58 Bil.	1.07 Bil.
Total Assets	3.62 Bil.	3.92 Bil.	4.9 Bil.	3.85 Bil.
Total Liabilities	1.04 Bil.	1.3 Bil.	1.75 Bil.	1.06 Bil.
Total Capitalization	4.33 Bil.	4.34 Bil.	4.3 Bil.	4.07 Bil.

Cash Flow	07/2008	05/2008	02/2008	11/2007
Net Cash From Continuing Operations	-291 Mil.	338 Mil.	53 Mil.	-296 Mil.
Net Cash From Investing Activities	-96 Mil.	-429 Mil.	221 Mil.	-132 Mil.
Net Cash From Financing Activities	34 Mil.	243 Mil.	205 Mil.	117 Mil.
Net Change in Cash & Cash Equivalents	-354 Mil.	182 Mil.	507 Mil.	-297 Mil.

Income Statement	2008	2007	2006	2005
Sales	1.68 Bil.	1.09 Bil.	1.09 Bil.	1.12 Bil.
Gross Operating Profit	1.99 Bil.	2 Bil.	1.86 Bil.	2 Bil.
Operating Income before D & A (EBITDA)	-82 Mil.	204 Mil.	454 Mil.	759 Mil.
Total Income Before Interest Expenses (EBIT)	-507 Mil.	138 Mil.	389 Mil.	725 Mil.
Total Net Income	-454 Mil.	76 Mil.	236 Mil.	504 Mil.
Basic EPS, Total	-1.45	0.25	0.78	1.65
Diluted EPS, Total	-1.45	0.24	0.75	1.59

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	1.55 Bil.	1.37 Bil.	1.24 Bil.	1.27 Bil.
Total Assets	3.92 Bil.	3.6 Bil.	3.01 Bil.	3.71 Bil.
Total Liabilities	1.3 Bil.	1.03 Bil.	869 Mil.	828 Mil.
Total Capitalization	4.34 Bil.	4.03 Bil.	3.41 Bil.	3.5 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	338 Mil.	397 Mil.	596 Mil.	634 Mil.
Net Cash From Investing Activities	-429 Mil.	-487 Mil.	-108 Mil.	-1.73 Bil.
Net Cash From Financing Activities	243 Mil.	190 Mil.	-503 Mil.	200 Mil.
Net Change in Cash & Cash Equivalents	182 Mil.	129 Mil.	-28 Mil.	-880 Mil.

Electronic Arts, Incorporated (ERTS)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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