Gaming publisher Electronic Arts beats revenue expectation
January 28 , 2015
The shares in gaming firm Electronic Arts increased by nearly 5% after its results turned out to be stronger than expected, according to media reports.
While its revenue was up by almost 40% to $1.13 billion in the fiscal third quarter ending December as compared to the previous year, its net income in the same period was $142 million from a loss of $308 million in the previous year.
The figures are being attributed to better digital revenue growth and good sales of Electronic Arts' sports titles.