Electronic Arts beats by $0.23, beats on revs; guides Q2 EPS in-line, revs in-line; guides FY15 EPS below consensus, revs in-line
* Reports Q1 (Jun) earnings of $0.19 per share, excluding non-recurring items, $0.23 better than the Capital IQ * Consensus Estimate of ($0.04); non-GAAP revenues rose 56.6% year/year to $775 mln vs the $713.54 mln consensus.
* Co issues in-line guidance for Q2, sees EPS of $0.50, excluding non-recurring items, vs. $0.50 Capital IQ Consensus Estimate; sees Q2 non-GAAP revs of $1.14 bln vs. $1.14 bln Capital IQ Consensus Estimate
* Co issues downside EPS guidance for FY15, sees EPS of $1.85, excluding non-recurring items, vs. $1.88 Capital IQ Consensus Estimate; sees FY15 non-GAAP revs of $4.10 bln vs. $4.14 bln Capital IQ Consensus Estimate.