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EA Financials: Crysis 2 Delayed, NFS Shift 2 Revealed

The Associated Press reports on the first quarter fiscal 2011 financial results for Electronic Arts, where they have posted a net income of $96 million (29 cents per share), compared with a net loss of $234 million (72 cents per share) for the same period last year, with net revenue up 27% to $815 million compared to $644 million in Q1 last year. Overall, word is: "On an adjusted basis, EA posted a loss of $78 million, or 24 cents per share. On this basis, analysts polled by Thomson Reuters had expected a larger loss of 35 cents per share. The loss in the same period last year was $6 million, or 2 cents per share." One element of the report is word that Crysis 2 is now expected in their Fiscal Q4, which is January-March 2011. Crytek's shooter sequel was previously expected for this year's holiday season. They also confirm recent hints of plans for Need for Speed: Shift 2, which is likewise expected in the first calendar quarter of next year.

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