EA - Electronic Arts Q3 Earnings Highlights: Sales Miss EPS Beat Madden And Soccer Games Power Through | Benzinga
Video game company Electronic Arts Inc (NASDAQ:EA) reported third-quarter financial results after market close Tuesday.
Here are the key highlights.
What Happened: Electronic Arts reported third-quarter net bookings of $2.366 billion, which was up 1% year-over-year. The net bookings came in shy of a Street consensus estimate of $2.40 billion according to data from Benzinga Pro.
The company reported adjusted earnings per share of $2.96, which beat a Street consensus estimate of $2.93.
Net revenue was $1.945 billion in the third quarter.
Live Services and other net bookings hit a record $1.712 billion, which was up 3% year-over-year. The company said live services and other net bookings ...