Electronic Arts sticks to 2013 outlook, sets buyback

SAN FRANCISCO, July 1:

Electronic Arts Inc, publisher of the “Battlefield” and “Star Wars” games, stuck to a forecast for about 30 percent growth in fiscal 2013 earnings and announced a 500 million dollar share buyback, in a bid to prop up its shares. The stock was trading at around 11.20 dollar in after-hours trade, from a close of 11.02 dollar on the Nasdaq. (agencies)

LEAVE A REPLY

Please enter your comment!
Please enter your name here