EA posts revenues of $1.2bn for last quarter

Net revenue drops slightly from last year but beats expectations
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Electronic Arts has reported its financial results for the three month period concluding at the end of June, with the firm beating its previous expectations.

EA brought in $1.20bn in GAAP net revenue for the quarter, down ever so slightly to the $1.21bn made in the same period last year. GAAP net income was up to $42m, a 32 per cent jump.

Non-GAAP revenue dropped to $693m compared to $775m, while Non-GAAP net income dipped to $49m versus the $61m made in 2014.

Each of the results for the quarter modestly beat EA's guidance issued in May.

Our sister-site MCV has the full story.

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