Electronic Arts: Fiscal 4Q Earnings Snapshot

REDWOOD CITY, Calif. (AP) _ Electronic Arts Inc. (EA) on Tuesday reported fiscal fourth-quarter earnings of $209 million.

The Redwood City, California-based company said it had net income of 69 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were $1.41 per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.

The video game maker posted revenue of $1.24 billion in the period. Its adjusted revenue was $1.36 billion, also topping Street forecasts. Ten analysts surveyed by Zacks expected $1.2 billion.

For the year, the company reported profit of $1.02 billion, or $3.33 per share. Revenue was reported as $4.94 billion.

Electronic Arts expects full-year earnings to be $8.56 per share.

Electronic Arts shares have increased 18% since the beginning of the year, while the Standard & Poor's 500 index has increased 15%. In the final minutes of trading on Tuesday, shares hit $92.73, a fall of 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EA at https://www.zacks.com/ap/EA