Electronic Arts Is Scoring Big With Sports
Video-game maker Electronic Arts (NASDAQ: EA) delivered record results for its latest fiscal quarter ended Sept. 30 with bookings (a non-GAAP measure of revenue) doubling over the same quarter a year ago. On a trailing 12-month basis, bookings were strong as well -- up 27% year over year thanks in part to recent acquisitions as well as strong performance from EA's core sports titles.
The strong results give EA some momentum going into the busy holiday shopping season. Here's a look at its prospects ahead -- and why sports games in particular are such a great business for EA and could make the stock a compelling buy now.
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Source Fool.com
