Electronic Arts, Inc (ERTS) > Articles
bids
15
15
Electronic Arts, Inc (ERTS)
EA Losses Hit $641m; More Layoffs Confirmed
EA Losses Hit $641m; More Layoffs Confirmed
Edge - February 3, 2009
Submitted by soupsoup (237) at 3:12PM PST on February 3, 2009
Despite an increase in game quality, EA announced miserable financials for its fiscal Q3, along with further job cuts and a reduced outlook for fiscal 2009. The publisher announced Q3 net loss of $641 million, up from a $33 million loss a year ago. Revenue was $1.65 billion, up from $1.5 billion for the comparable quarter a year prior.
Discussion - Submit a comment
About Us - The simExchange is the video game stock market and the source
for video game sales forecasts.
15