|Send News. Want a reply? Read this. More in the FAQ. News Forum - All Forums - Mobile - PDA - RSS Headlines Twitter|
Electronic Arts Posts Smaller Second-Quarter Loss has quarterly financials for Electronic Arts saying the company's net loss narrowed to $201 million (61 cents a share), from a loss of $391 million ($1.21 a share), a year earlier, and: "Excluding some items, profit was 10 cents a share in the period ended Sept. 30, beating the average 11-cent loss estimated by 21 analysts in a Bloomberg survey." They say the improved Q2 results are coming at the expense of Q3 as EA pushed up the release of 2010 FIFA World Cup South Africa. The San Jose Mercury News has further analysis of this, saying: "including deferred revenue, EA's sales in the quarter declined from the year-ago period on all gaming platforms except the PC, which only grew 1 percent."
Copyright © 1996-2014 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2014 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 21 September 2014, 08:53.