EA reports surprising 4th quarter earnings

EA reports surprising 4th quarter earnings

Electronic Arts, the largest game publisher in the world, posted fourth quarter earnings that exceeded Wall Street's estimates. The company recorded a net income of $160 million for the quarter, which is down from $259 million for the same period last year.

Based on this and past data, the company expects net revenue for the 2007 fiscal year to exceed $3 billion dollars.

Electronic Arts is known for its popular sports series such as Fifa and Madden, which are generally made available for all current systems.

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