Investing.com - Electronic Arts reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Electronic Arts announced earnings per share of $0.72 on revenue of $2.40B. Analysts polled by Investing.com EPS of $2.94 on revenue of $2.38B.
Electronic Arts 's are up 3% and is trading at $141.30 , still down 0.83% from its 52 week high of $150.30 set on Monday, January 25, 2021.
Electronic Arts shares lost 5.20% to trade at $141.30 in after-hours trade the report.
Electronic Arts follows other major Technology sector earnings this month
Electronic Arts's report follows an earnings beat by Apple on Wednesday, January 27, 2021, who reported EPS of $1.68 on revenue of $111.44B, EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on Tuesday, January 26, 2021 with second quarter EPS of $2.03 on revenue of $43.08B, for EPS of $1.64 on revenue of $40.22B.
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