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United Kingdom 06/02

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Electronic Arts Financials

Electronic Arts fiscal Q2 reporting tops expectations based on strong digital performance, as word is: "Digital revenue grew 38 percent to $324 million from a year ago." In spite of that, the bottom line suffered: "The net loss for the second quarter widened to $381 million, or $1.21 a share, from $340 million, or $1.03 a share, a year earlier. Revenue fell 0.6 percent to $711 million, the company said." They are also tempering expectations for their next quarterly report, saying: "Competitive pressure during the holiday buying period and lower-than-expected sales of the latest 'Medal of Honor' game contributed to the conservative guidance."

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