Operator
Good afternoon. My name is Mike and I will be your conference operator today. At this time, I would like to welcome everyone to the Electronic Arts Q4 2021 earnings conference call. Mr.
Chris Evenden, VP of investor relations, you may begin your conference.
Chris Evenden
Vice President, Investor Relations
Thanks, Mike. Welcome, everyone to EA s fourth-quarter fiscal 2021 earnings call. With me from their homes today are Andrew Wilson, our CEO; and Blake Jorgensen, our CFO and COO. Please note that our SEC filings and our earnings release are available at ir.ea.com.
In addition, we ve posted earnings slides to accompany our prepared remarks. Lastly, after the call, we ll post our prepared remarks, an audio replay of this call, our financial model and a transcript. Once again, I d like to direct you to the earnings slides this quarter. They now contain the metrics and color that we ve historically included in Blake s remarks.
Macau’s casino gross gaming revenue (GGR) during the recent five-day break encompassing the Labour Day holiday on May 1, was approximately MOP600 million (US$75 million) a day, suggested brokerage Sanford C. Bernstein, and JP Morgan Securities (Asia Pacific) Ltd in respective Monday notes.
The period, referred to by some analysts as ‘May Golden Week’, although that term is not used by the Macau authorities, was “surprisingly golden” in GGR terms, said JP Morgan.
The city’s estimated GGR for the early-May break has been “well above” market expectation, the institution’s analysts DS Kim, Derek Choi, and Livy Lyu remarked in their Monday memo.
Operator
Ladies and gentlemen, good morning, and a warm welcome to the Q1 2021 Nielsen Holdings plc Earnings Conference Call. My name is Lisa, and I ll be operating this call. [Operator Instructions]
I will now hand over to one of your hosts, Sara Gubins, Senior Vice President, Head of Investor Relations, Treasury at Nielsen. Sara, you may begin.
Sara Gubins
Senior Vice President, Investor Relations and Treasury
Good morning, everyone. Thank you for joining us to discuss Nielsen s first quarter 2021 financial performance. I m joined by our CEO, David Kenny; and our CFO, Linda Zukauckas. Our COO, Karthik Rao, will also be on for the Q&A portion of the call. A slide presentation that we ll use on this call is available under the Events section of our Investor Relations website. Before we begin, I d like to remind all of you that our remarks and responses to your questions today may contain forward-looking statements, including those relating to our business plans and 2021 guida
Nithya Balasubramanian, Director, Sanford Bernstein, says stocks like Cipla, Zydus Cadila, Biocon, Glenmark, Dr Reddy’s and Gland Pharma are among those that are likely to benefit in the pandemic. Edited excerpts from an interview:
Which end of the Indian pharma space you are excited about both in terms of growth and margin sustainability? APIs, vaccine makers or biosimilars?
Biosimilars is very exciting in terms of opportunity. Around $60 billion worth of biologics are going off patent which is a significant opportunity. Unfortunately, most companies in India have not invested in addressing the first wave of opportunity. Other than Biocon, there is barely anyone with a significant portfolio of biosimilars. Lupin has a few of them while Aurobindo and Dr Reddy s Lab are working on it. All of them are likely to be late in the market in the first wave. Biosimilars does not seem to be a meaningful opportunity for most large cap companies today in the near to mid term.
Author Bio
Jason A. Moser is an analyst for Motley Fool One. He finds stocks that make money and tells the world about them. He s also won a Buzzy. And an Awessie.
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On this week s episode of
Industry Focus: Wildcard, host Jason Moser chats with Esoterica Capital CEO Bruce Liu about 5G, the digital economy, chip shortages, valuations, stocks he likes, and much more. To learn more about Esoterica Capital, visit www.esotericacap.com.
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