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Electronic Arts, Inc (ERTS)
EA will report $111m loss, say analysts
EA will report $111m loss, say analysts
Gamesindustry - July 28, 2008
Submitted by mrahaju (9) at 9:43AM PST on July 28, 2008
EA will report a loss of USD 111 million, or USD 0.33 cents per share, for the quarter ended June 30, according to a poll of analysts by Thomson Financial. Analysts' main concerns are caused by the fact that this is the first quarter EA hasn't provided quarterly guidance. They speculated that EA might not be able to release new franchise titles, such as Dead Space and Mirror's Edge, on time nor are they confident the games will sell well.
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