Will Electronic Arts Stock See Higher Levels After An Upbeat Q2?
- Monday, November 8, 2021, 7:20
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Electronic Arts recently reported its Q2 FY22 results, which were better than our estimates. The company reported sales of around $1.85 billion (up over 2x y-o-y), compared to our estimate of $1.76 billion. Live Services revenue grew 39% to $1.21 billion, led by Apex Legends and FIFA Ultimate Team..