By Malathi Nayak SAN FRANCISCO (Reuters) – Video game publishers Electronic Arts Inc and Activision Blizzard Inc posted quarterly profit and revenue that beat expectations on Tuesday, sparking a rally in their shares. On Nasdaq, Electronic Arts rose 15 percent after closing at $28.05, and Activision climbed 4 percent after closing at $19.31. Electronic Arts also said it will set aside $750 million for a new share repurchase program. The games publisher, known for its “FIFA” and “Madden” games, recorded non-GAAP net revenue of $914 million in its fiscal fourth quarter, down from $1.04 billion a year ago but more than the $812.4 million that Wall Street had expected.
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