Will Electronic Arts Stock See Higher Levels After An Upbeat Q2?

Will Electronic Arts Stock See Higher Levels After An Upbeat Q2?

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..