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Stockreport

UPDATE 2-EA revenue beats estimates on 'Apex Legends' boost, shares jump [Reuters]

Electronic Arts Inc. (EA)  More Company Research Source: Reuters
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
EA revenue beats estimates on 'Apex Legends' boost, shares jump (Reuters) - Electronic Arts Inc posted better-than-expected quarterly revenue on Tuesday, riding on the popularity of its latest battle royale sensation, “Apex Legends”, and other games, sending its shares up 8 percent in extended trading. EA launched “Apex Legends” and “Battlefield V Firestorm” during the quarter to cash in on the popularity of battle royale games such as “PUBG” and Epic Games’ “Fortnite”. EA’s battle royale game had 50 million sign ups in just a month, suggesting that the company could withstand competition from “Fortnite”, a free-to-play game where up to 100 players fight to be the last person standing. According to Nielsen-owned gaming research firm SuperData, Apex Legends raked in $92 million from in-game spending across platforms in the month of February, having “the best launch month of any free-to-play game in history”. On an adjusted basis, EA’s fourth-quarter revenue was $1.36 billion, beating a [Read more]

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Stockreport

UPDATE 2-EA revenue beats estimates on 'Apex Legends' boost, shares jump [Reuters]

Electronic Arts Inc.  (EA) 
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
EA revenue beats estimates on 'Apex Legends' boost, shares jump (Reuters) - Electronic Arts Inc posted better-than-expected quarterly revenue on Tuesday, riding on the popularity of its latest battle royale sensation, “Apex Legends”, and other games, sending its shares up 8 percent in extended trading. EA launched “Apex Legends” and “Battlefield V Firestorm” during the quarter to cash in on the popularity of battle royale games such as “PUBG” and Epic Games’ “Fortnite”. EA’s battle royale game had 50 million sign ups in just a month, suggesting that the company could withstand competition from “Fortnite”, a free-to-play game where up to 100 players fight to be the last person standing. According to Nielsen-owned gaming research firm SuperData, Apex Legends raked in $92 million from in-game spending across platforms in the month of February, having “the best launch month of any free-to-play game in history”. On an adjusted basis, EA’s fourth-quarter revenue was $1.36 billion, beating a [Read more]

IMPACT SNAPSHOT
EVENT TIME:
EA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS