EA to pay $750M for PopCap Games

Question of the Day

Should Congress make English the official language of the U.S.?

View results

And the company forecast an adjusted second-quarter loss of 5 cents to 15 cents per share, which Riccitiello attributed to expenses related to the PopCap purchase, as well as increased marketing costs. Analysts had been expecting a profit of 12 cents per share.

EA shares declined 79 cents to $23.27 in extended trading. The stock finished regular trading down 22 cents at $24.17.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

blog comments powered by Disqus
TWT Video Picks