People wait in-line under a ''Madden NFL 15'' billboard with an image of NFL player Richard Sherman at the Electronic Arts booth during the 2014 Electronic Entertainment Expo, known as E3, in Los Angeles, California June 11, 2014.
/Jonathan Alcorn
- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL", posted a 5.5 percent rise in quarterly revenue, helped by growth in its digital business, which includes software distributed through direct downloads. The company also announced a new buyback program of up to $1 billion of common stock.EA's net income rose to $395 million, or $1.19 per share, for the fourth quarter ended March 31, from $367 million, or $1.15 per share, a year earlier.On an adjusted basis, Electronic Arts earned 39 cents per share.Revenue rose to $1.19 billion from $1.12 billion. (Reporting by Subrat Patnaik and Sai Sachin R in Bengaluru; Editing by Simon Jennings)
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