Electronic Arts Inc (EA) revealed a profit for first quarter that Drops, from last year but beat the Street estimates.
The company's bottom line totaled $201 million, or $0.79 per share. This compares with $280 million, or $1.04 per share, last year.
Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.7% to $1.671 billion from $1.660 billion last year.
Electronic Arts Inc earnings at a glance (GAAP) :
-Earnings: $201 Mln. vs. $280 Mln. last year.-EPS: $0.79 vs. $1.04 last year.-Revenue: $1.671 Bln vs. $1.660 Bln last year.
-Guidance:Next quarter EPS guidance: $0.29 - $0.46Next quarter revenue guidance: $1.750 - $1.850 BlnFull year EPS guidance: $3.09 - $3.79Full year revenue guidance: $7.100 - $7.500 Bln
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