Financial metrics:
-
Net revenue is expected to be approximately $1.425 billion.
- Change in deferred net revenue (online-enabled games) is expected to be approximately ($675) million.
- Net income is expected to be approximately $605 million.
- Diluted earnings per share is expected to be approximately $1.93.
- The Company estimates a share count of 314 million for purposes of calculating first quarter fiscal 2018 diluted earnings per share.
Operational metric:
- Net sales is expected to be approximately $750 million.
In addition, the following outlook for GAAP-based financial data and a long-term tax rate of 21% are used internally by EA to adjust our GAAP expectations to assess EA’s operating results and plan for future periods:
| Three Months Ending June 30, 2017 | ||||||||||||
| GAAP-Based Financial Data | ||||||||||||
|
GAAP
|
Acquisition-
|
Change in
|
Stock-based
|
|||||||||
| ($ in millions) | ||||||||||||
| Total net revenue | $ | 1,425 | - | (675 | ) | - | ||||||
| Cost of revenue | 157 | - | - | - | ||||||||
| Operating expense | 546 | (1 | ) | - | (50 | ) | ||||||
| Income before provision for income taxes | 724 | 1 | (675 | ) | 50 | |||||||
| Net income | $ | 605 | ||||||||||
| Diluted shares | 314 | |||||||||||
