Two videogame companies posted higher profits as millions remained homebound with limited entertainment options
Videogame companies Activision Blizzard Inc. and Electronic Arts Inc. reported strong results for the March quarter, helped by people looking for entertainment options and social connections while at home during the pandemic.
EA saw an early boost in sales of digital and physical games, presumably before stores started closing, the company’s operating and finance chief, Blake Jorgensen, said. The momentum has continued and digital sales remain strong, he added.
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