Electronic Arts Q2 2018 Financial Results – Revenue Grows but Shares Slip
https://wccftech.com/electronic-arts-q2-2018-financial-results/
Yesterday Electronic Arts (NASDAQ:EA 114.67 -4.12%) released figures for their second quarter of the 2018 financial year. One immediate impact has been a fall in share price of $6.88, or 5.75%, at the time of writing. Part of this is likely a result of estimates for the Q3 being lower than estimates.
For Q2, three-months ending September 30, EA actually saw them surpassing guidance. Net Bookings, which includes revenue gained in the quarter as well as additional deferred revenue from online games, hit $1.179 billion. This is much in line with the $1.18 billion analyst estimates, according to Thomson Reuters.