The earnings highlights for Electronic Arts Inc. (EA) are as follows:
In the fourth quarter, the company reported earnings of $182 million. This was a substantial increase compared to the same quarter last year when EA reported a loss of $12 million. The Earnings Per Share (EPS) were $0.67 in the fourth quarter, a significant rise from a negative $0.04 registered in the corresponding period of the previous year. As for revenue, EA reported $1.78 billion in the fourth quarter, slightly lower than the $1.87 billion earned in the same period last year.
Regarding future projections, EA expects its EPS to be between $0.73 and $0.90 for the next quarter. The company also provided revenue guidance for the next quarter, predicting it to be within the range of $1.575 to $1.675 billion.
