5 Things to Know About Electronic Arts' Fastest-Growing Business
Investors are showing Electronic Arts (NASDAQ: EA) some love again heading into 2020. After a sharp fall in 2018, the stock has rebounded 23% over the past year.
The difference between 2018 and 2019 is the momentum in live services, which includes revenue that the company generates from extra content sold to players in a game. Live services revenue increased 50% year over year in the fiscal second quarter (which ended in September) and is up 17% in the trailing 12-month period, making it EA's fastest-growing sales category.
Here are five things investors need to know about this increasingly important segment of EA's business.
Source Fool.com
