Electronic Arts Is on Track for a Big Sales Year
Investors were expecting to hear good things from Electronic Arts (NASDAQ: EA) when the video game maker issued its fiscal second-quarter results. The pandemic has placed a new premium on at-home entertainment just when EA was releasing a flood of new content across franchises like FIFA, Madden NFL, and Star Wars.
On Nov. 5, the company reported that it had surpassed those high expectations, and management issued an optimistic outlook for the key holiday shopping period ahead. EA also instated its first dividend program after cash flow hit a new record.
Let's take a closer look at the Q2 results.
Source Fool.com
