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Electronic Arts' quarterly profit rises
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NEW YORK (Reuters) - Electronic Arts, the video game publisher known for its "FIFA" and "Madden: NFL" franchises, said quarterly profit and revenue rose as it sold more copies of its games.
EA's net income rose to $151 million, or 45 cents per...
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NEW YORK |
Wed May 4, 2011 4:27pm EDT
NEW YORK (Reuters) - Electronic Arts, the video game publisher known for its "FIFA" and "Madden: NFL" franchises, said quarterly profit and revenue rose as it sold more copies of its games.
EA's net income rose to $151 million, or 45 cents per share, in its fiscal fourth quarter, from $30 million, or 9 cents per share, a year earlier.
EA, the second largest video game publisher, said quarterly revenue was $1 billion, up from $970 million a year earlier.
EA shares closed at $19.92 on Wednesday on the Nasdaq.
(Reporting by Liana B. Baker; Editing by Steve Orlofsky)
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