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NEWS August 24, 2016 EA Posts Unexpected Profit on Higher Game Downloads
By: sristy SahaVideo-game publisher Electronic Arts Inc, known for titles such as FIFA and Star Wars Battlefront, reported an unexpected first-quarter profit, helped by higher downloads of its games. The company’s digital business, where players download digital versions of games, generates higher margins than sales of physical discs. EA’s shares initially rose about 2.5 percent in extended […]