Electronic Arts Falling After Earnings (ERTS)

Video game publisher Electronic Arts ERTS reported fiscal second-quarter earnings results after the closing bell on Tuesday. The company reported a net loss of $201 million, or $0.61 per share, compared to a loss of $391 million or $1.21 per share, in the year ago period. On a non-GAAP basis, EPS was $0.10 versus $0.06 in last year's second quarter. Wall Street consensus EPS estimates called for a loss of $0.10 per share. Non-GAAP net revenues for the quarter were $884 million versus $1.147 billion in last year's corresponding quarter. This beat analysts' consensus revenue estimates of $814.61 million. In the after hours trading session, ERTS shares have lost 2.16% to $15.85.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsIntraday UpdateAfter-Hours CenterMoversHome Entertainment SoftwareInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!