Company News: Page (1) of 1 - 02/20/13

Video Game Stocks Level Up - Research Report on Activision Blizzard, Inc., Take-Two Interactive Software, Inc., Electronic Arts Inc., Sony Corporation and Zynga Inc


February 20, 2013 -- !-- AddToAny BEGIN -->

NEW YORK, February 20, 2013 /PRNewswire/ --

Today, National Traders Association announced new research reports highlighting Activision Blizzard, Inc. (NASDAQ: ATVI), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), Electronic Arts Inc. (NASDAQ: EA), Sony Corporation (NYSE: SNE) and Zynga Inc (NASDAQ: ZNGA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Activision Blizzard,Inc. Research Report

Activision Blizzard, in partnership with critically-acclaimed game developer Bungie, revealed a sneak peak of their new game called Destiny. The game is a first-person action genre that brings gamers together in a shared world. According to global retailer GameStop president Tony Bartel, the new game does "not simply look amazing, but its new living world will change the way players think of cooperative online gaming." He adds, "This is the type of innovation the game industry has been waiting for." Last February 8, the company also released excellent quarterly results with sales increasing 7.6 percent over the prior year. Net income rose by almost four times, sending shares 11 percent higher on the day. With popular titles like Call of Duty and World of Warcraft as well as cutting-edge new games like Destiny, Activision is poised to continue its strong performance. The Full Research Report on Activision Blizzard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Take-Two Interactive Software,Inc. Research Report

Take-Two surged after reporting stellar third quarter fiscal 2013 results. The company's growth and profits beat most expectations as its GAAP net revenue jumped to $415.8 million from the $236.3 million for the third quarter of fiscal 2012. The record-breaking launch of NBA 2k13 contributed strongly to the company's performance. Following the successful quarter, the Board of Directors has authorized a share repurchase of up to 7.5 million shares of the company's common stock. Analysts and investors are optimistic about the company's continued growth, with new titles to be released soon, along with the next installment of the massively popular franchise, Grand Theft Auto. With this, the company is well-positioned for a solid finish to the fiscal year 2013. The Full Research Report on Take-Two Interactive Software, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Electronic Arts Inc. Research Report

EA, the third largest gaming producer, reported its third quarter fiscal 2013 results with twelve-month non-GAAP digital revenue up 37 percent to a record $1.5 billion. The company also delivered non-GAAP EPS by driving high-margin digital revenue through disciplined expense management. EA CEO John Riccitello stated that the company is investing in the digital console to drive future growth. In the last year, EA's digital business grew 17 percent due to games like The Simpsons: Tapped Out. This shows how well-received Electronic Arts' digital games have been. Aside from the company's digital offerings, the company's release of Crysis 3 may also drive sales higher, especially with Crysis 3 pre-orders soaring 35% over Crysis 2. The Full Research Report on Electronic Arts Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Sony Corporation Research Report

Sony Corporation reported fiscal third quarter results with lower sales of PlayStation 3 and PSP partially offset by the sales of PlayStation Vita, the handheld console that was introduced in December 2011. The company will announce its next console, the PlayStation 4, on February 20, ahead of Microsoft's Xbox. Many analysts and loyal customers are excited about this announcement, believing that the next generation console will be crucial to Sony's future. With a new CEO, new products and restructuring programs, Sony expects to return to profitability by the end of 2013. The Full Research Report on Sony Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Zynga Inc Research Report

Zynga released surprising results, with full year 2012 revenue of $1.28 billion, an increase of 12 percent compared to 2011. This was driven by the successful FarmVille 2 franchise. In the future, the company hopes to increase its presence in the mobile sphere as more users turn to phones and tablets for their gaming needs. The company earned 1 cent per share on a non-GAAP basis, while analysts expected an adjusted loss of 3 cents per share. In the future, Zynga also plans to enter real-money online gambling businesses outside the United States, where the activity is legal. The Full Research Report on Zynga Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Consider National Traders Association

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SOURCE National Traders Association

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