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10.05.2016 22:05:36

Electronic Arts Inc Announces 29% Increase In Q4 Bottom Line

(RTTNews) - Electronic Arts Inc (EA) reported a profit for its fourth quarter that climbed from last year.

The company said its bottom line came in at $161 million, or $0.50 per share. This was higher than $125 million, or $0.39 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.1% to $924 million. This was up from $896 million last year.

Electronic Arts Inc earnings at a glance:

-Earnings (Q4): $161 Mln. vs. $125 Mln. last year. -Earnings Growth (Y-o-Y): 28.8% -EPS (Q4): $0.50 vs. $0.39 last year. -EPS Growth (Y-o-Y): 28.2% -Analysts Estimate: $0.42 -Revenue (Q4): $924 Mln vs. $896 Mln last year. -Revenue Change (Y-o-Y): 3.1%

-Guidance: Next quarter EPS guidance: -0.05 Next quarter revenue guidance: $640 Mln

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