Electronic Arts (NASDAQ:EA) reported fiscal Q1 diluted earnings of $1.47 a share, up from $1.11 a year earlier.
Analysts surveyed by Capital IQ expected $1.09.
Revenue for the quarter ended June 30 was $1.92 billion, up from $1.77 billion a year earlier.
The company said it expects fiscal Q2 per-share diluted earnings of $0.72 to $0.89. Analysts surveyed by Capital IQ expect $1.11. The company expects revenue for the quarter of about $1.83 billion to $1.93 billion. Analysts surveyed by Capital IQ expect $1.83 billion.
Electronic Arts expects fiscal year 2024 per-share diluted earnings of $3.42 to $3.92, up from the previous outlook of $3.30 to $3.81. Analysts surveyed by Capital IQ expect $3.96. The company continues to expect revenue for the year of $7.3 billion to $7.7 billion. Analysts surveyed by Capital IQ expect $7.6 billion.