Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

EA Financials

Electronic Arts issues their promised Q1 2012 fiscal results, showing a smaller loss for the period than the company had projected based thanks to digital distribution and strong sales of Valve's Portal 2. Word is: "adjusted revenue fell 3 percent to $524 million, above the average analyst estimate of $511 million," and "For the three months ended June 30, profit rose to $221 million, or 66 cents per share. Excluding deferred revenue, the company reported a loss of $123 million, or 37 cents per share, compared with a loss of $78 million, or 24 cents a share, a year earlier." They also offer a specific figure for digital sales, saying this rose 11% to $209 million.

View
10. Re: EA Financials Jul 27, 2011, 05:35 Dev
 
Zavy wrote on Jul 27, 2011, 04:09:
So if TOR flops ala age of conan then EA will go bankrupt?
No way! Did you bother to check the financials?
http://investor.ea.com/financials.cfm
As of 2011 they have $1.5 BILLION in CASH. Yeah cash in the bank. So what if they spend $100+ million on TOR and lose EVERY PENNY by not selling a single copy. It won't bring them down. Oh and they have about $5 billion in assets and only $2 billion in liabilities.
 
Previous Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. Jul 26, 21:46 Re: EA Financials Tanto Edge
  2. Jul 26, 21:59 Re: EA Financials Dev
  5. Jul 26, 23:04  Re: EA Financials Teddy
  3. Jul 26, 22:07 Re: Evening Consolidation slaka
  4. Jul 26, 22:13  Re: Evening Consolidation entr0py
  6. Jul 27, 00:41 Re: EA Financials Techie714
  7. Jul 27, 01:44 Re: EA Financials Kxmode
  8. Jul 27, 04:09  Re: EA Financials Zavy
  9. Jul 27, 04:35   Re: EA Financials Teddy
>> 10. Jul 27, 05:35   Re: EA Financials Dev


footer

Blue's News logo