Electronic Arts Reports Earnings, Shares Fall

Electronic Arts ERTS reported earnings after the bell today that beat Street estimates. The company reported EPS of $0.09 on $979 million in revenue; the Street was at $0.05 EPS on $835.39 million in revenue. Electronic Arts said that revenue rose 14% compared to the same quarter last year. Electronic Arts reaffirmed its guidance for the upcoming quarter, a loss of $0.05 per share to a profit of $0.05 per share. Long-term guidance was a little light, approximately 6-21% off Street estimates. Shares are off 4.84% in the post-market to $17.89.