NEW YORK (TheStreet) — Electronic Arts (EA) shares are up 5.9% to $39.70 in after-hours trading on Tuesday after the video game company released its second quarter earnings results.
The ‘Madden NFL’ and ‘FIFA soccer’ video game maker reported second quarter earnings of 73 cents per diluted share, well above its own guidance of 50 cents per diluted share and ahead of analysts 53 cents per diluted share expectations.
Revenue for the quarter was $1.22 billion, ahead of analysts $1.2 billion estimates and the company’s own $1.14 billion guidance.
The company raised its fiscal 2015 net revenue guidance to $4.175 billion from $4.100 billion and its EPS guidance to $2.05 per diluted share from $1.85 per diluted share.
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