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."
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2016 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 27 September 2016, 13:16.