Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 23, 2019
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


EA beats estimates, turns profit, as sales fall slightly

EA beats estimates, turns profit, as sales fall slightly

October 29, 2015 | By Christian Nutt




Electronic Arts beat Wall Street estimates handily in its latest quarter, the three month period ended September 30, 2015.

Revenue was $1.14 billion for the period, against the company's guidance of $1.08 billion; analyst estimates averaged $1.1 billion. The company posted net income of $212 million for the quarter.

Earnings per share beat the analyst estimates: 65 cents vs. an estimate of 45 cents, which usually makes Wall Street happy -- yet the company's stock was slightly down in after-hours trading, as of this writing.

That may be because EA's packaged and digital revenue both fell slightly year-on-year, when looking at GAAP numbers: digital was $502 million, as compared to $508 million a year prior; packaged games sunk to $313 million, compared to $482 million a year ago.

Still, the company is raising its full-year outlook to $4.5 billion -- up $50 million from its prior estimate, with titles like Star Wars Battlefront and a new Need For Speed close to release.

The company said it is so far the number one publisher on Xbox One and PlayStation 4 in 2015, thanks chiefly to the popularity of its latest Madden and FIFA titles.



Related Jobs

Schell Games
Schell Games — Pittsburgh, Pennsylvania, United States
[01.23.19]

Senior Technical Artist
Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States
[01.23.19]

Senior Project Manager
Insomniac Games
Insomniac Games — Burbank, California, United States
[01.23.19]

Sr. Dialogue Coordinator
Insomniac Games
Insomniac Games — Durham, North Carolina, United States
[01.23.19]

Environment Artist









Loading Comments

loader image