Electronic Arts: quarterly earnings edge up

(CercleFinance.com) - Electronic Arts (EA) has reported Q2 sales of 1,905 million dollars (July-September), up 4.
2% y-o-y ($1,826m).

Net income rose edged up 1.7% to 299 million dollars, giving quarterly EPS of $1.07 compared with $1.02 a year earlier.

For Q3 (Oct-Dec), EA expects sales of $1,825-1,925m, with net income of $120-164m.

For FY, to 31 March 2023, EA is targeting revenues of 7,550 million dollars with net income of 871-934 million dollars.

The EA share is up over 2.5% at just under 130 dollars in early trading today.



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