Electronic Arts Misses March-Quarter Goals, Gives Weak Guidance

Video game publisher Electronic Arts (EA) late Tuesday missed Wall Street's targets for its fiscal fourth quarter and gave a soft outlook for the current quarter and year ahead. EA stock fell in extended trading.X The Redwood City, Calif.-based company earned an adjusted $1.37 a share on net bookings of$1.67 billion in the quarter ended March 31. Analysts polled by FactSet had expected EA earnings of $1.52 a share on sales of$1.78 billion. In the year-earlier period, EA earned an adjusted $1.78 a share on ...