NEW YORK (TheStreet) -- Shares of Electronic Arts Inc. (EA) - Get Electronic Arts Inc. Report are up by 3.39% to $50.05 in after-hours trading on Tuesday afternoon, following the company's fiscal 2015 third quarter earnings results.
The game software content and services provider said its non-GAAP earnings were $1.22 per share for the most recent quarter. Earnings exceeded the company's own guidance of 90 cents per share.
Analysts were expecting 92 cents per share for the latest quarter.
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EA's net revenue was $1.42 billion, higher than the company's expectation of $1.27 billion for the quarter.
Analysts had forecast for revenue of $1.29 billion for the fiscal 2015 third quarter.
Separately, TheStreet Ratings team rates ELECTRONIC ARTS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate ELECTRONIC ARTS INC (EA) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, compelling growth in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
You can view the full analysis from the report here: EA Ratings Report