Ea yahoo finance news9/26/2023 Revenues from packaged goods surged 135% year over year to $119 million. Full-game download revenues increased 107% year over year to $163 million. Quarter DetailsĮA’s full-game revenues (33.8% of total revenues) soared 118.8% year over year to $617 million. Net bookings surged 103.4% year over year to $1.85 billion, better than management’s guidance of $1.725 billion, driven by robust live services performance. The Zacks Consensus Estimate for earnings and revenues was pegged at $1.17 per share and $1.85 billion, respectively. Revenues increased 58.6% year over year to $1.83 billion, driven by strong performances by EA SPORTS global football franchise, Apex Legends and Star Wars: Galaxy of Heroes. Electronic Arts Q2 Earnings Jump Y/Y, Top Line RisesĮlectronic Arts reported second-quarter fiscal 2022 earnings of $1.02 per share, which increased 62% year over year. Will the recent negative trend continue leading up to its next earnings release, or is Electronic Arts due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Shares have lost about 14% in that time frame, underperforming the S&P 500. A month has gone by since the last earnings report for Electronic Arts (EA).
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