Electronic Arts (EA) Tops Q2 EPS by 20c; Boosts Outlook

Electronic Arts (NASDAQ: EA) reported Q2 EPS of $0.73, $0.20 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.16 billion.

Electronic Arts raised FY2014 EPS of $2.05, versus the consensus of $1.92. Electronic Arts raised FY2014 revenue of $4.175 billion, versus the consensus of $4.16 billion.

“Electronic Arts continues to put our players first, delivering new experiences, innovation and new ways to play,” said Chief Executive Officer Andrew Wilson. “It was an excellent second quarter, with strong new titles, deep player engagement in our live services and ongoing digital growth driving continued momentum.”

"By emphasizing player engagement and our digital live services, we’ve grown revenue, expanded gross margins and delivered EPS well above prior year and our guidance," said Chief Financial Officer Blake Jorgensen. "We are raising our annual non-GAAP net revenue guidance by $75 million to $4.175 billion and annual non-GAAP diluted EPS by $0.20 to $2.05."

For earnings history and earnings-related data on Electronic Arts (EA) click here.

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