Electronic Arts Breaks Down a Record Quarter

Investors were pleased with the recent earnings report from Electronic Arts (NASDAQ: EA). The fiscal third quarter, which includes the all-important holiday shopping season, showed robust demand across new and established video game franchises, with the pivot toward digital delivery continuing to lift profitability.

In a conference call with Wall Street analysts, EA executives broke down the record quarter and explained why they're projecting faster growth for the rest of fiscal 2020, and moderating gains in 2021. Let's look at some highlights from that presentation.

Image source: Getty Images.

Continue reading

Source Fool.com