They made a profit, that is what companies do!
Actually, it booked a loss ("GAAP net loss") of $391 million for the past 3 months - about 25% higher than the same time last year.
Their claim of profit ("Non-GAAP net income") to the tune of $13 million is basically EA's way of saying "if you ignore all of the unexpected costs - like the restructure (and hundreds of millions of dollars in other costs) - you could kind of say that we made money!".
Edit: Are any accountancy/legalese experts able to shed some light on EA's reasoning for the hundreds of millions in "net revenue deferral" for digital content? I've read their description ("Electronic Arts is not able to objectively...") several times, but I can't work out what the $359 million figure actually represents. Are they bringing forward expected future revenue, claiming that the costs of development are one-off unusual expenses, or something else?This comment was edited on Nov 9, 2009, 20:08.