(CercleFinance.com) – Electronic Arts shares gained 4% on Wednesday at the start of the day on the New York Stock Exchange, the video game publisher benefiting from its ‘record’ quarterly results published the day before.
In a press release published yesterday evening, the Californian group indicates that its turnover increased by 7% to reach 1.79 billion dollars in its third quarter ended on December 31.
EA, which notably publishes the games ‘FIFA’, ‘The Sims’, ‘Need for Speed’ or ‘Star Wars’, posted quarterly net profit of 66 million dollars, or 23 cents per share, against 211 million dollars , or 72 cents per title, a year earlier.
‘The third quarter was the best recorded in the group’s history in terms of net orders, current profitability and cash generation,’ said Blake Jorgensen, the group’s chief financial officer.
On an annualized basis, those net orders now total more than $7.25 billion, up 22% year-over-year.
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