Categories AlphaGraphs, Earnings, Technology
Electronic Arts (EA) Q4 earnings increase as revenue grows by 36%
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported higher earnings and revenues for the fourth quarter of 2022. The top line also exceeded analysts’ estimates.
During the March quarter, the company’s revenues increased 36% year-over-year to $1.83 billion and came in above the consensus forecast. The top line benefitted from an 18% growth in net bookings to $1.75 billion.
Earnings of the Redwood City, California-based company rose to $225 million or $0.80 per share in the most recent quarter from $76 million or $0.26 per share in the fourth quarter of 2021.
Check this space to read management/analysts’ comments on Electronic Arts’ Q4 report
Shares of Electronic Arts experienced high volatility this year, with the recent market selloff adding to the weakness. The stock closed Tuesday’s regular session lower and continued to lose in the after-hours session.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
KMI Earnings: Kinder Morgan reports financial results for Q3 2024
Energy infrastructure company Kinder Morgan, Inc. (NYSE: KMI) on Wednesday reported financial results for the third quarter of 2024. Net income, adjusted for special items, remained unchanged year-over-year at $0.25
Earnings Preview: General Motors’ Q3 results likely to benefit from EV growth
General Motors Co. (NYSE: GM) is expected to report its third-quarter results on October 22. The company is working towards the goal of achieving operating profit in its rapidly growing
What to expect when Philip Morris (PM) reports Q3 2024 earnings results
Shares of Philip Morris International Inc. (NYSE: PM) stayed green on Wednesday. The stock has gained 11% over the past three months. The tobacco giant is scheduled to report its
