Electronic Arts profit up in Q2; raises full-year guidance

While investors and gamers try to pick up their jaws after publisher Take-Two Interactive reported it sold-in 29 million copies of Grand Theft Auto V and smashed its earnings expectations, Madden publisher Electronic Arts reports it didn’t have such a bad quarter itself.

EA revealed its financial results for its fiscal Q2 today, and the company reported nongenerally accepted accounting practices (non-GAAP) revenues of $1.04 billion for the quarter ending Sept. 30. That’s down slightly from the same period in the company’s fiscal 2012, when the company generated $1.08 billion in non-GAAP revenue.