Electronic Arts swings to profit in Q3 but misses estimates
Electronic Arts Inc. (EA) swung to profit in the third quarter from a loss last year, helped by the continued growth in the video game industry. The results were benefited by lower income tax provision as well as lower costs and expenses. The results missed analysts’ expectations. Following this, the stock inched down over 16% … Continue reading Electronic Arts swings to profit in Q3 but misses estimates
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