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EA Financials

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."

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3. Re: EA Financials Nov 2, 2010, 21:26 ASeven
 
Most mainstream devs wants us to drink the koolaid and think PC is dying. Never was, never will and now consoles are starting to take a bite out of these publisher's financials.

In other news, though a narrowing in costs from last year, $201 million is still a whole lot for EA. If this fiscal year ends without profits, expect EA to get hit hard.

Yeap, the gaming industry is doing wonderfully, instead of making huge losses they now make less-than-huge losses.
 
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  1. Nov 2, 19:49 Re: EA Financials Dev
  2. Nov 2, 20:14  Re: EA Financials bhcompy
>> 3. Nov 2, 21:26   Re: EA Financials ASeven
  4. Nov 2, 21:56 Re: EA Financials StingingVelvet
  5. Nov 2, 22:04  Re: EA Financials ASeven
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  6. Nov 2, 22:57 Re: EA Financials Creston
  7. Nov 2, 23:00  Re: EA Financials Beamer
  13. Nov 3, 06:10   Re: EA Financials ASeven
  14. Nov 3, 06:52    Re: EA Financials Beamer
  15. Nov 3, 08:04     Re: EA Financials ASeven
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  10. Nov 3, 02:30 Re: EA Financials Acleacius
  11. Nov 3, 04:37  Re: EA Financials Prez
  12. Nov 3, 04:41  Re: EA Financials Kajetan


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