![]() ![]() Revenues from packaged goods declined 8% year over year to $216 million. Full-game download revenues increased 6% year over year to $400 million. ![]() Quarter DetailsĮA’s full-game revenues (33.1% of total revenues) increased 1% year over year to $622 million. Growth at constant currency was driven by strength in FIFA with rapid growth occurring in FIFA Online 4 and FIFA Mobile. Live services net bookings were down 1% year over year, or up 3% in cc. Net bookings for the third quarter were $2.3 billion, down 9% or 5% in constant currency (cc) year over year. The Zacks Consensus Estimates for earnings and revenues were pegged at $3.05 per share and $2.49 billion, respectively. Revenues increased 5.1% year over year to $1.88 billion, driven by strength in EA SPORTS portfolio and multi-platform live services business. Electronic Arts’ Q3 Earnings Jump, Lowers Bookings ViewĮlectronic Arts reported third-quarter fiscal 2023 earnings of 73 cents per share, which jumped 217.4% year over year. Will the recent negative trend continue leading up to its next earnings release, or is Electronic Arts due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Shares have lost about 5.4% in that time frame, underperforming the S&P 500. It has been about a month since the last earnings report for Electronic Arts (EA). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |