More on Electronic Arts' FQ1: Stock buyback is good for acquiring nearly 1/7 of outstanding...

|About: Electronic Arts Inc. (EA)|By:, SA News Editor

More on Electronic Arts' FQ1: Stock buyback is good for acquiring nearly 1/7 of outstanding shares at current levels. FQ2 guidance is for revenue of $1.05B-$1.1B and EPS of $0.07-$0.12 vs. consensus of $1.07B and $0.14. Mobile revenue +37% Y/Y to $78M, 16% of total. Battlefield 3 Premium now has 1.3M subs, 10M monthly users for SimCity Social. North America revenue -29% Y/Y, Europe +17% (53% of total). Across-the-board home console weakness. EA +1.8% AH. (PR) (CC webcast)