Earnings Results: EA’s stock rises on improved bottom line, revenue beat

Daily Trade

Shares of videogame maker Electronic Arts Inc. lit up more than 6% in extended trading Wednesday after the company reported a jump in net income and revenue that slightly beat analysts’ estimates.

EA EA reported fiscal second-quarter net income of $399 million, or $1.47 a share, compared with net income of $299 million, or $1.07 a share, in the year-ago quarter.

The…

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