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Electronic Arts Inc Reports Advance In Q4 Bottom Line, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Electronic Arts Inc (EA) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $254 million, or $0.98 per share. This compares with $182 million, or $0.67 per share, last year.

Analysts on average had expected the company to earn $0.91 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 6.5% to $1.895 billion from $1.779 billion last year.

Electronic Arts Inc earnings at a glance (GAAP) :

-Earnings: $254 Mln. vs. $182 Mln. last year.
-EPS: $0.98 vs. $0.67 last year.
-Revenue: $1.895 Bln vs. $1.779 Bln last year.

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