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United Kingdom 06/02

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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.

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