Electronic Arts Reports Higher EPS, Revenues for Q1 (ERTS)

Electronic Arts ERTS reported better-than-expected results for Q1. The video game giant posted an EPS of $0.25 versus Wall Street's consensus estimate of $0.22. Revenues for the quarter came in at $995 million versus a $923.88 million estimate. Electronic Arts carries no long-term debt, and had an EPS of -$1.21 last year. Year-to-date, Electronic Arts' stock is up over 21%, showing that investor concerns over its growth rate may be coming to an end.