Investing.com - Electronic Arts reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Electronic Arts announced earnings per share of $1.07 on revenue of $1.75B. Analysts polled by Investing.com EPS of $1.36 on revenue of $1.81B.
Electronic Arts 's are down 4% and is trading at $122.50 , still down 13.94% from its 52 week high of $146.72 set on Thursday, November 4, 2021.
Electronic Arts shares lost 2.99% to trade at $122.50 in after-hours trade the report.
Electronic Arts follows other major Communication Services sector earnings this month
Electronic Arts's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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