EA, the producer of prominent video games including "Battlefield," "The Sims" and "FIFA," reported fiscal-fourth-quarter net income more than doubled on 12% higher revenue.
“Our results this quarter prove the value of the live service's path we’ve been on now for a decade,” Blake Jorgensen, chief operating officer and chief financial officer at EA, said in a statement. “The breadth and depth of our live services give the flexibility we need at times like this to meet player needs.”
And Activision, the maker of video games including "Call of Duty," "World of Warcraft" and "Candy Crush," reported first-quarter net income per share rose 12% on 2% lower revenue.
“In the face of so many difficulties,” CEO of Activision, Bobby Kotick said, “our employees have made certain that the joy, the engagement, and the benefits of gaming remain an effective way to help keep our 400 million players around the world connected and safe."
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