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Electronic Arts Inc. (EA)

- NASDAQ
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  • Aug. 27, 2013, 4:09 PM
  • Aug. 22, 2013, 10:49 AM
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  • Aug. 20, 2013, 2:04 PM
  • Aug. 20, 2013, 1:21 PM
  • Jul. 31, 2013, 6:10 PM
  • Jul. 24, 2013, 2:51 PM
    Electronic Arts (EA +8.2%) has soared to new 52-week highs following its big FQ1 beat and in-line FY14 guidance; Activision (ATVI +1.1%) and Take-Two (TTWO +1%) are up moderately. EA managed to grow its Battlefield 3 Premium sub base by 500K Q/Q to 4M+, and mobile revenue rose 33% Y/Y to $104M (21% of total) thanks to in-app purchases for The Simpsons: Tapped Out and Real Racing 3. Home console ($191M) and PC ($175M) revenue both fell 6% Y/Y. While total revenue rose 1% Y/Y, opex fell 3% thanks to recent job cuts. Also: EA has announced it's partnering with Chinese gaming giant Tencent (TCEHY.PK) to bring FIFA Online 3 to China. Wedbush is pulling EA from its Best Ideas list, arguing a lot of good news is priced in, but maintaining an Outperform. (transcript)
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  • Jul. 24, 2013, 9:16 AM
    Premarket gainers: MFB +22%. TTHI +20%. VMW +13%. INO +10%. LL +8%. EMC +7%. EA +5%.
    Losers: SLRC -13%. PLCM -11%. BRCM -10%. HERO -7%. ATI -7%. HTS -7%. PNRA -6%. GWAY -6%. CAJ -5%. STX -5%.
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  • Jul. 23, 2013, 5:48 PM
    Tech guidance roundup: 1) Electronic Arts (EA - earnings) expects FQ2 revenue of $975M and EPS of $0.12, below a consensus of $976M and $0.15. FY14 guidance is for revenue of $4B and EPS of $1.20, in-line with consensus. 2) Altera (ALTR - earnings) expects FQ3 sales to rise 5%-9% Q/Q, in-line with a 7.2% consensus. 3) RF Micro (RFMD - earnings) expects FQ2 revenue of $305M-$310M and EPS of $0.10-$0.11 vs. a consensus of $306.8M and $0.10. 4) Linear (LLTC - earnings) expects FQ2 revenue to be up 2%-5% Q/Q, mostly above a 2.2% consensus. EA +7% AH. ALTR +1.5%. RFMD -0.7%. LLTC +1.5%. (PRs: Electronic Arts, Altera, RF Micro, Linear)
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  • Jul. 23, 2013, 5:30 PM
    After-hours top gainers, as of 5:15 p.m.: TTHI +18%. VMW +11%. EVR +9%. UIS +6%. EA +6%.
    After-hours top losers: PNRA -5%. GWAY -5%. SONS -4%. NG -4%. BRCM -4%.
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  • Jul. 23, 2013, 4:09 PM
    Electronic Arts (EA): FQ1 EPS of -$0.40 beats by $0.20. Non-GAAP Revenue of $495M beats by $41.08M. Shares +4.4% AH. (PR)
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  • Jul. 23, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: AAPL, ACC, ACE, AEC, ALTR, BCR, BRCM, CPWR, DFS, EA, FBC, FNB, FTI, HA, HLIT, HTS, IGT, ILMN, IRBT, JNPR, KFN, LLTC, NBR, NSC, PEI, PLCM, PNRA, RE, RFMD, RHI, RKT, T, TSS, UIS, USNA, VASC, VMW, VOCS, WCN, ZIXI
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  • Jul. 22, 2013, 5:35 PM
    Notable earnings after Tuesday’s close: AAPL, ACC, ACE, AEC, ALTR, BCR, BRCM, CPWR, DFS, EA, FBC, FNB, FTI, HA, HLIT, HTS, IGT, ILMN, IRBT, JNPR, KFN, LLTC, NBR, NSC, PEI, PLCM, PNRA, RE, RFMD, RHI, RKT, T, TSS, UIS, USNA, VASC, VMW, VOCS, WCN, ZIXI
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  • Jul. 19, 2013, 2:00 PM
    Electronic Arts (EA +0.6%) plans to keep making college football games ... even if they lack the NCAA's official blessing. Two days after the NCAA announced EA's just-released NCAA Football 2014 will be the last title "to include the NCAA's name and logo," Joystiq reports EA recently struck a 3-year extension with the Collegiate Licensing Company, which handles trademark licensing for individual colleges. The extension is said to be non-exclusive; a settlement proposed by EA last year to a class-action suit over its exclusive sports licensing deals prohibits NCAA exclusivity.
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  • Jul. 17, 2013, 3:54 PM
    The NCAA has decided not to renew its game licensing deal with EA Sports (EA -1.6%); the organization says NCAA Football 2014 (released this month) will be the last game "to include the NCAA’s name and logo." The decision comes amidst an antitrust suit pursued by former players (led by UCLA grad Ed O'Bannon) over the use of their names and likeness in NCAA games. EA shares have dipped on the news.
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  • Jul. 2, 2013, 5:16 PM
    Electronic Arts (EA) extends its partnership with toy/board game giant Hasbro (HAS). EA, which has already created games based on Hasbro franchises such as Monopoly, Scrabble, and The Game of Life, will "develop several of Hasbro's best-selling gaming brands for mobile platforms globally" in a new 4-year deal. Meanwhile, Wedbush says it believes Microsoft Xbox division chief and former EA studios head Don Mattrick, who just agreed to be Zynga's CEO, was "the front-runner for the EA job as well."  The firm thinks EA is now "back to square one in its search," and will likely choose between COO Peter Moore and EVP Frank Gibeau. (Hasbro/Zynga deal)
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  • Jun. 14, 2013, 5:21 PM
    iOS 7 (AAPL) comes with specs enabling game controllers to interact with iDevices, according to a developer doc seen by the WSJ. Though the doc says controllers "must not be required" for a game to work, it's still likely music to the ears of game developers (EA, ATVI, TTWO, GLUU), who have both been trying to profit from tremendous mobile gameplay growth, and struggling to get users to pay up-front (as opposed to downloading free-to-play titles). The report comes a month after Tim Cook said Apple will give developers more options to customize iOS, and days after IDC and App Annie predicted mobile game revenue will top $12B this year. Nvidia (NVDA) is trying to kick-start controller-based Android gaming via its Shield console.
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Company Description
Electronic Arts Inc develops, markets, publishes and distributes video game software and content that can be played by consumers on various platforms.