2/8/2010-Electronic Arts (NASDAQ:ERTS) reported fiscal Q3 EPS of $0.33, topping consensus estimates of $0.31.

Net revenues in the quarter fell 23% year-over-year to $1.35 billion, and came in ahead of consensus estimates of $1.34 billion.

For the fiscal Q4, EA expects Non-GAAP net revenue of $800 million to $850 million (vs. consensus estimates of $851.0 million) and Non-GAAP diluted EPS of $0.02 to $0.06 (vs. consensus estimates of $0.13).

For the fiscal year 2011, EA expects Non-GAAP net revenues of $3.65 billion to $3.90 billion (vs. consensus estimates of $4.07 billion) and Non-GAAP diluted EPS of $0.50 to $0.70 (vs. consensus estimates of $0.74).

"EA is growing share in our packaged goods business and our digital businesses continue to grow rapidly," said John Riccitiello, Chief Executive Officer. "Mass Effect 2 is the first blockbuster of 2010 and we are looking forward to the launch of Dante's Inferno and Battlefield Bad Company 2."

"We are expecting an increase in FY11 full year non-GAAP earnings per share on the basis of strong cost controls and growth in our digital businesses," said Eric Brown, Chief Financial Officer.

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