Correction: Article updated from November 6, 2014 story with corrected company information
The interactive entertainment company, known for games like Candy Crush Saga, on a non-GAAP basis, reported third-quarter adjusted income of 56 cents per share, which was less than 70 cents per share a year ago but higher than analysts' estimate of 47 cents per share.
The company reported revenue of $514.4 million for the quarter, below $621.2 million in revenue a year ago. But that was above analysts' expectations of $495 million, according to Thomson Reuters I/B/E/S.
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Additionally, on November 4, the company's board of directors approved a share repurchase program of a maximum of $150 million of the company's ordinary shares to be effected through open market purchases.