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Electronic Arts (EA) Stock Falls in After-Hours Trading Despite Earnings Beat

NEW YORK (TheStreet) -- Shares of Electronic Arts (EA - Get Report) were falling 2.6% to $74.12 after-hours Thursday, despite the video game publisher's positive fiscal second quarter financial results.

EA reported earnings of 65 cents a share for the second quarter of fiscal 2016, well above analysts' estimates of 45 cents a share for the quarter. Revenue fell 5.7% year over year to $1.15 billion for the quarter, above analysts' estimates of $1.1 billion.

"It's been a great quarter," CEO Andrew Wilson said in a statement. "Our EA SPORTS titles are connecting millions of passionate fans around the world to each other and the sports they love, we have new mobile experiences for our players, and deeply-engaged communities in our live services."

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