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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.

5. Re: EA Financials Jul 26, 2011, 23:04 Teddy
Dev wrote on Jul 26, 2011, 21:59:
The GAAP info shows that EA had $221 million profit instead of a loss, wonder why the huge difference.

They're posting a $221 million dollar profit, AND a $123 million dollar loss if you take into account Deferred Revenue.

Deferred Revenue could be anything from pre-sales of games to individual customers, or major sellers committing money early for some reason for products that are yet unfinished (retailer specific pre-sale bonuses come to mind).

Essentially money that has been given them but can be taken back partially or in full if say a game suffers large delays.

Such is my understanding anyways.

So they made a profit, but some of that is counting on future products to perform well.
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    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


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