Electronic Art company has published that their earning has increased up to 22% since the beginning of the year 2017 and that among the largest video game company. Here are some main phase to look at:
It started with their earning plan. The company expected a revenue of 75 cents a share, up to 50 cents in the previous year. The odds cut parts of wall street company and EA does not consider an ordinary part of doing business. A year earlier, the company’s announce a net of $2.79 per share. Also we need to look at the company’s revenue plan strategy. The company predicted their revenue to rise up to 18% to $1.09 billion, from a year before of $924 million. After EA pulling of some revenue from online games, the company reached $1.31 billion total revenue a year ago.
Nevertheless, The company did not release their big games earlier and that a good sign since their current production is the top selling game in the United States. The analysis expect a hit profit from the major video games such as “Battlefield” in November and “FIFA 17” in september. The company's revenue also been increasing from mobile games, which was number 5 mobile app publisher in United states. https://www.wsj.com/articles/electronic-arts-earnings-what-to-watch-1494327602
By: Mohammed Almomen
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