Electronic Arts Inc. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to 3 cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.
The per-share result swung to a profit from the prior-year loss of 56 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $10.6 million, compared with a loss of $172.5 million in the prior-year period.
The normalized profit margin climbed to 1.1% from negative 24.8% in the year-earlier period.
Total revenue increased 42.4% on an annual basis to $990.0 million from $695.0 million, and total operating expenses came to $967.0 million, compared with $963.0 million in the year-earlier period.
Reported net income totaled $3.2 million, or 1 cents per share, compared with a loss of $274.1 million, or a loss of 89 cents per share, in the year-earlier period.
