Electronic Arts’ Stock Up A Bit Post Earnings

Electronic Arts’ stock has been up almost 5% since it released its Q1 fiscal 2017 results, despite some concerns surrounding its weaker-than-expected second quarter guidance. This can be attributed to the company’s promising results for the first quarter and the fact that the guidance for the second quarter was influenced by timing issues rather than business weakness. Though Electronic Arts reported a marginal decline in non-GAAP revenues and a significant fall in non-GAAP net income, its results were considerably ahead of the market expectations.

from Forbes – Tech http://ift.tt/2aJ2rlM
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