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Electronic Arts 2Q Financials - BF3 Ships 10M

Electronic Arts 2Q financial reporting shows increased losses on increased revenue, and were followed by word that EA is raising its forecast for the fourth quarter, in part based on the strong launch of Battlefield 3 (according to the detailed pdf-format report found by VG247) we're talking 10 million units). Word is:

The net loss in the three-month period ending on Sept. 30 grew to $340 million, or $1.03 per share. Last year, the company had a quarterly loss of $201 million, or 61 cents per share. EA said costs for marketing, research and development increased from last year.

Excluding stock compensation costs, acquisition expenses and other costs, adjusted earnings came to 5 cents per share, beating the adjusted loss of 4 cents per share expected by analysts polled by FactSet.

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12. Re: Electronic Arts 2Q Financials - BF3 Ships 10M Oct 27, 2011, 23:43 LittleMe
 
Techie714 wrote on Oct 27, 2011, 23:29:
10 MILLION is insane!

Love BF3 it really did end up being an awesome game.

This game (in MP conquest) kicks so much ass. It does need more patching, but omg, I've not played an FPS as good as this before.

The spawn system is weak though, and that sort of ruined the team deathmatch mode. Hopefully DICE will fix the spawns. It's a lazy implementation. Lots of things to improve but still....

 
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