05:20 PM EDT, 05/07/2024 (MT Newswires) -- Electronic Arts ( EA ) reported fiscal Q4 earnings late Tuesday of $0.67 per diluted share, compared with a loss of $0.04 a year earlier.

Analysts surveyed by Capital IQ expected EPS of $0.59.

Revenue in the quarter ended March 31 fell to $1.78 billion from $1.87 billion a year earlier.

The company expects fiscal Q1 EPS of $0.73 to $0.90 a share on revenue of $1.58 billion to $1.68 billion. Analysts surveyed by Capital IQ expect EPS of $0.79.

The company expects fiscal 2025 EPS of $3.34 to $4 a share on revenue of $7.1 billion to $7.5 billion. Analysts surveyed by Capital IQ expect EPS of $4.63.

Electronic Arts ( EA ) said the board authorized a new stock repurchase program of $5 billion over three years.

The company maintained a quarterly dividend of $0.19 a share, payable June 19 to stockholders of record May 29.

Shares of the company fell 3.5% in after-hours trading.

Price: 125.65, Change: -4.59, Percent Change: -3.52