Hours before its earnings report, Electronic Arts announced a multi-year sponsorship with Spain’s LaLiga professional soccer league, after ending its relationship with FIFA earlier this year.
Electronic Arts Inc. shares fluctuated in the extended session Tuesday after the videogame publisher reported solid revenue growth that comfortably beat Wall Street’s forecast.
The company reported revenue of $1.767 billion, compared with revenue of $1.551 billion in the prior year’s quarter. The publisher of the “Madden NFL” franchise and action titles like “Apex Legends” and “Battlefield 2042” also declared a quarterly cash dividend of 19 cents a share. “EA delivered strong results in Q1 with our growing player network deeply engaged in new games and live services,” said CEO Andrew Wilson, in a statement. “Our expanding EA Sports portfolio and owned-IP franchises continue to power resilience and longevity in our business.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CityArts gives $6.5 million in grants to support nonprofit arts in ChicagoChicago’s 2022 CityArts Program has awarded 280 financial grants.
Read more »
Pioneer of Bishop Arts Restaurant Scene, Sara Tillman, Has DiedA pioneering figure in the Bishop Arts District restaurant scene passed away on July 23 at age 68. Sara Tillman was raised in Oak Cliff and lived and worked there ...
Read more »
Sword Art Online The Movie -Progressive- Sequel Gets Another TrailerA new trailer for the upcoming Sword Art Online The Movie -Progressive- Scherzo of Deep Night has released, teasing the upcoming sequel.
Read more »
Expansion of prison needle exchange programs going ahead despite pandemic delaysOTTAWA — Despite pandemic slowdowns, Correctional Service Canada is still planning to expand the needle exchange programs currently offered at nine federal…
Read more »
DuPont stock drops after profit and sales beat expectations but outlook was downbeatShares of DuPont de Nemours Inc. undefined dropped 1.7% in premarket trading Tuesday, after the specialty materials and chemicals company reported...
Read more »