Electronic Arts Reports Q4 and Full Year FY20 Financial Results
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May 6, 2020 7:01 AM EDT
Stephens analyst Jeff Cohen reiterated an Overweight rating and $130.00 price target on Electronic Arts (NASDAQ: EA) following the company's 4Q earnings report. EA posted a solid finish to F20 driven by Apex, The Sims, and strength from their catalog. The company reported EPS of $1.08, beating... More
May 5, 2020 4:03 PM EDT
Electronic Arts (NASDAQ: EA) reported Q4 EPS of $1.43, $0.45 better than the analyst estimate of $0.98. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.19 billion.
Digital net bookings* for the fiscal year was $4.052 billion, up 9% year-over-year and now represents 78% of total net bookings.FIFA 20 has more than 25 million unique players to date.Madden NFL 20 reached the highest engagement levels in franchise...
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