Electronic Arts and Take-Two Under StockCall's Microscope: Multimedia Stocks Look Positive

 Electronic Arts and Take-Two Under StockCall's Microscope: Multimedia Stocks
                                Look Positive

  PR Newswire

  LONDON, February 21, 2013

LONDON, February 21, 2013 /PRNewswire/ --

Video game industry saw contraction in demand in the past. However, demand
seems to be recovering as major companies posted encouraging results.
Impending introduction of new consoles by Microsoft and Sony also helped boost
demand for video games. Electronic Arts Inc. (NASDAQ: EA) narrowed down its
losses and reported good sales numbers for its gaming titles. Similarly,
Take-Two Interactive Software Inc. (NASDAQ: TTWO) also announced strong
quarterly numbers. The industry shows the signs of revival and is likely to
benefit from the proposed changes in Chinese laws about video game consoles.
The stocks are performing well and offer good investment venue. StockCall has
released full comprehensive research on Electronic Arts and Take-Two
Interactive Software and these free technical analyses can be downloaded by
signing up at


Take-Two Reports Strong Q3 Numbers

Take-Two Interactive augmented its portfolio by taking over WWE series. The
series was earlier owned by THQ, which is currently facing bankruptcy. The
takeover is expected to be mutually beneficial for Take-Two Interactive
Software and WWE. The series already has an established fan-base and will help
the company generate new revenue stream. The software company already has
similar formats in the form of NBA franchise and thus can integrate the new
acquisition easily. NBA franchise is one the biggest earners for the company
and its WWE titles are expected to follow suit. Register today and access the
free research on Take-Two Interactive Software Inc. at


Take-Two announced strong earnings for its third quarter. The company earned
net income of 67 cents per share and reported its revenue at $405 million. It
was expected to report its net income at 55 cents per share. It expects its
full year EPS in the range of 5 cents to 20 cents per share, while its revenue
is likely to be in the range of $1.15 billion and $1.2 billion. Its new titles
NBA 2K13 and Borderlands 2 are performing well, boosting the company's
bottom-line. Take-Two Interactive stock is up 41 percent so far this year.

Electronic Arts Settles with Zynga

Electronic Arts is an industry leader and cemented its position by announcing
strong third quarter results. The company narrowed down its quarterly loss to
15 cents per share, down from 62 cents per share in loss for the third quarter
of the last year. Its revenue for the quarter stood at $922 million, slightly
lower than the figure for the previous year's quarter. For its fourth quarter,
the company expects its revenue to be in the range of $1.1 billion and $1.2
billion and the EPS is expected to be in the range of 92 cent per share to
$1.12 per share. Free technical analysis on Electronic Arts Inc. available by
signing up at


The company also recently settled its dispute with Zynga Inc. over employee
poaching and copyrights issues. The settlement was reached out of court and
the case was withdrawn. The companies refused to divulge the details of the
settlement. Electronic Arts has been attracting institutional as well as
insider buying interest. EA's CEO recently bought 31,300 shares of the company
at $15.90 a piece. Hedge Fund Third Point also included the stock in its
portfolio last quarter. Both are positive signs for the future of the stock.
Electronic Arts is up 21 percent so far this year.

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