Electronic Arts has been listed as one of the top companies in the US by Fortune Magazine.
Landing at number 494 on the prestigious Fortune 500 list, it is estimated that the company is worth $6.2 billion.
Previously ranked at 590 due to restructuring, and lower than expected quarterly financials over the past year or so, analysts believe that all the changes and cost cutting maneuvers will benefit the company in 2010.
“We see evidence that the company is not doing the same things over and over again: lower headcount, fewer facilities, fewer games, and a growing digital business,” offered Michael Pachter, who believes that EA is being conservative in its estimates for the financial year’s end.
“This time, we think that EA is on the right path.”
Good show straightening out then, we say.