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Electronic Arts falls regardless of sturdy final results from 'FIFA 17'


Electronic Arts Inc. EA, -0.87% reported better-than-expected earnings Tuesday and improved its income guidance for the complete year, but shares still fell as the video game publisher's projection for the vacation quarter came in slightly below analysts' projections. EA reported a loss of 13 cents a share on sales of $898 million, which will not incorporate a change in deferred revenue of $200 million. Analysts polled by FactSet anticipated on typical for EA to report a loss of 14 cents a share with these combined revenue metrics totaling $1.086 billion. EA also increased its full-year revenue guidance to $4.775 billion, not counting changes in deferred income, and credited the sturdy efficiency of its "FIFA 17" soccer game for the adjust. For the vacation quarter, EA said it expects $1.125 billion in net revenue and $910 million in changes to deferred income, for any total of $2.04 billion; FactSet reported that analysts on average projected that total to become $2.08 billion. EA shares fell involving 1% and 3% in late trading soon after the report was released.