-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Dq9+n6JSMK6kzaSQ/sXj1jPrGIB+o3nIcBLV6K+Phmswy7vUncYSePu3Y9SztOPz j3EV8AGO5nUgak881TNjKQ== 0001193125-05-245819.txt : 20051220 0001193125-05-245819.hdr.sgml : 20051220 20051220172053 ACCESSION NUMBER: 0001193125-05-245819 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051220 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051220 DATE AS OF CHANGE: 20051220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ELECTRONIC ARTS INC CENTRAL INDEX KEY: 0000712515 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 942838567 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17948 FILM NUMBER: 051276306 BUSINESS ADDRESS: STREET 1: 209 REDWOOD SHORES PARKWAY CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: 650-628-1500 MAIL ADDRESS: STREET 1: 209 REDWOOD SHORES PARKWAY CITY: REDWOOD CITY STATE: CA ZIP: 94065 FORMER COMPANY: FORMER CONFORMED NAME: ELECTRONIC ARTS DATE OF NAME CHANGE: 19911211 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 


 

FORM 8-K

 


 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported) December 20, 2005

 


 

ELECTRONIC ARTS INC.

(Exact Name of Registrant as Specified in Its Charter)

 


 

Delaware

(State or Other Jurisdiction of Incorporation)

 

0-17948   94-2838567
(Commission File Number)   (IRS Employer Identification No.)

 

209 Redwood Shores Parkway, Redwood City, California 94065-1175

(Address of Principal Executive Offices) (Zip Code)

 

(650) 628-1500

(Registrant’s Telephone Number, Including Area Code)

 

 

(Former Name or Former Address, if Changed Since Last Report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 7.01 Regulation FD Disclosure.

 

On December 20, 2005, Electronic Arts Inc. issued a press release in which it provided updated information regarding its preliminary estimates of financial results for its fiscal quarter ending December 31, 2005 and fiscal year ending March 31, 2006. A copy of the press release is attached hereto as Exhibit 99.1. Neither the information in this Form 8-K nor the information in the press release shall be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.

 

Description


99.1   Press release dated December 20, 2005, relating to Electronic Arts Inc.’s preliminary estimates of financial results for its fiscal quarter ending December 31, 2005 and fiscal year ending March 31, 2006.


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ELECTRONIC ARTS INC.
Dated: December 20, 2005   By:  

/s/ Warren C. Jenson


        Warren C. Jenson
       

Executive Vice President, Chief Financial

and Administrative Officer


INDEX TO EXHIBITS

 

Exhibit No.

 

Description


99.1   Press release dated December 20, 2005, relating to Electronic Arts Inc.’s preliminary estimates of financial results for its fiscal quarter ending December 31, 2005 and fiscal year ending March 31, 2006.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

ELECTRONIC ARTS UPDATES FISCAL THIRD AND FOURTH QUARTERS

AND FISCAL YEAR 2006 OUTLOOK

 

REDWOOD CITY, CA – December 20, 2005 – Electronic Arts (NASDAQ: ERTS) today announced that it expects net revenue and earnings per share for the third and fourth fiscal quarters and fiscal 2006 to be well below both the financial guidance provided by EA on November 1, 2005 as well as current consensus estimates. The changes are primarily the result of unanticipated market declines in both North America and Europe.

 

“Holiday sales are not meeting expectations,” said Larry Probst, Chairman and Chief Executive Officer. “For the December quarter, it is likely the industry will be down double digits on a percentage basis.”

 

The Company does not expect to update its financial guidance prior to reporting its results for the fiscal third quarter in late January or early February.

 

Conference Call

 

Electronic Arts will host a conference call today, December 20, 2005 at 2:30 pm PT (5:30 pm ET) to discuss this press release. Listeners may access the conference call live through a dial-in number or via webcast (http://investor.ea.com). The live dial-in number is (800) 500-0311, access code 220497. A dial-in replay of the conference call will be provided until December 28, 2005 at (719) 457-0820, access code 220497. The webcast archive of the conference call will be available at http://investor.ea.com.

 

Forward-Looking Statements

 

Some statements set forth in this release, including Electronic Arts’ financial estimates and industry projections, are forward-looking statements and are subject to change. Statements including words such as “anticipate”, “believe”, “estimate”, “expect” or “it is likely” and statements in the future tense are forward-looking statements. These forward-looking statements are preliminary estimates based on current information and are subject to business and economic risks that could cause actual future results to differ materially from the Company’s expectations set forth above. Some of the factors which could cause the Company’s actual results to differ materially from its expectations include the following: sales of the Company’s titles during the remainder of the quarter and fiscal year; consumer spending trends; the Company’s ability to manage expenses during the remainder of the quarter and fiscal year; the timely release of next-generation hardware; the availability of an adequate supply of current-generation and next-generation hardware units; the Company’s ability to predict consumer preferences among competing hardware platforms; the seasonal and cyclical nature of the interactive game business; timely development and release of the Company’s products; competition in the interactive game business; the Company’s ability to secure licenses

 

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to valuable entertainment properties on favorable terms; changes in the Company’s effective tax rates; the Company’s ability to attract and retain key personnel; adoption of new accounting regulations and standards; potential regulation of the Company’s products in key territories; developments in the law regarding protection of the Company’s products; fluctuations in foreign exchange rates; and other factors described in the Company’s Annual Report on Form 10-K for the year ended March 31, 2005 and in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005. Electronic Arts expressly disclaims any obligation to, and does not intend to, update these forward-looking statements.

 

For additional information, please contact:

 

Tricia Gugler    Jeff Brown     
Director, Investor Relationst    Vice President, Corporate Communications     
650-628-7327    650-628-7922     

 

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