What Happened? Shares of video game publisher Electronic Arts (NASDAQ:EA) jumped 5.8% in the morning session after the company reported strong first-quarter financial results that surpassed expectations,

As part of the continued accelerated stock buyback initiative, EA has spent $375 million for stock buybacks in the most recent fiscal quarter.

The company reported earnings per share of 79 cents for the quarter. "We delivered a strong start to FY26, outperforming expectations ahead of what will be the most exciting launch slate in EA's history," Electronic Arts CEO Andrew Wilson said.