10.05.2016 22:05:36
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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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