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Electronic Arts Raises Guidance on Strong Quarter

Electronic Arts has benefited from continued growth in digital revenue.

Electronic Arts Inc. EA 0.17 % raised its guidance for its recently started fiscal year as the company turned in a better-than-expected performance for the quarter ended in June.

For the year, the company raised its per-share earnings estimate by a dime to $2.85 and lifted its revenue view to $4.45 billion, an increase of $50 million.

For the current quarter, the company forecast per-share earnings of roughly 40 cents and...