EA Stock Tanks on Earnings, Revenue Miss

Shares of Electronic Arts fell sharply in after-hours trading Thursday after it missed estimates on both earnings and revenue.

For the December quarter, EA  reported EPS of $1.18 on revenue of $1.59 billion, versus consensus estimates of $2.51 EPS on revenue of $1.97 billion.

Shares were falling 6% in the minutes immediately following the release.

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