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News: General

EA Games' Digital Downloads Exceeds Estimates

Tuesday, August 2, 2016   (0 Comments)
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From The Hollywood Reporter:

EA Games exceeded Wall Street's expectations for the quarter ending June 30, indicating strong digital growth for the maker of FIFA, Madden and Battlefield.

The game publisher pulled in $682 million in adjusted revenue, well above the $652.5 million consensus estimate, according to analysts surveyed by Thomson Reuters. Adjusted earnings per share came in at $0.07, two cents above guidance of $0.05….

The high-margin digital download business, which doesn't require publishers to make a physical product, helped the Redwood City, Calif.-based company beat estimates.

- Read the full article at HollywoodReporter.com



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