Electronic Arts (NASDAQ:EA) reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.69 on revenue of $1.36B. Analysts polled by expected EPS of $0.99 on revenue of $1.21B. That compared to EPS of $1.3 on revenue of $1.26B in the same period a year earlier. The company had reported EPS of $2.3 on revenue of $1.61B in the previous quarter.
Electronic Arts shares gained 0.78% to trade at $93.45 in after-hours trade following the report.
Electronic Arts follows other major Technology sector earnings this month
On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Apple earnings Beat analysts' expectations on April 30, with second quarter EPS of $2.46 on revenue of $58.02B. analysts expected EPS of $2.36 on revenue of $57.54B
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