|EA pops AH after CEO resigns, rose to over $20, now ~$19.25 bid. |
Electronic Arts Announces Change in Executive Leadership
Larry Probst Appointed Executive Chairman, Effective Immediately
Company Updates 2013 Fiscal Outlook
Press Release: Electronic Arts Inc. – 44 minutes ago
[at end of the release]
EA expects that its revenues and earnings per share for the current quarter will be at the low end of, or slightly below previously issued guidance provided in its press release dated January 30, 2013. Actual results may be materially different and can be affected by many factors, including the levels of usage of the Company’s digital products, initial sales of new products that will be released before the end of the quarter and other factors detailed in the Company’s annual and quarterly SEC filings.
EA will announce its fourth quarter and fiscal year 2013 results on May 7, 2013 and will host a conference call at 2:00 pm PT (5:00 pm ET) to discuss the results.