Electronic Arts Announces Second Fiscal Quarter Results

Electronic Arts Announces Second Fiscal Quarter Results is today’s business-side update, the sort of suit-and-spreadsheet news that still decides what games actually reach players.

The useful part: Second Quarter Review: Net revenues for the second quarter were $339 million, a 38 percent increase compared to $246 million reported for the same quarter of the prior fiscal year. Net income increased 69 percent to $18.1 million in the second quarter, compared to $10.7 million reported last year before a one-time, pre-tax charge of $41.8 million. Diluted earnings per share increased 65 percent to $0.28 from $0.17 reported excluding the one-time charge, in the same quarter of the prior fiscal year. Listed pricing shows $339, so this is not vapor sitting on a press sheet.