Electronic Arts First Quarter Loss Only $6 Million

3 Comments

Posted August 4, 2009 - By pklepek

Electronic Arts First Quarter Loss Only $6 Million On one hand, losses are almost never a good thing, but Electronic Arts is probably happy about their first quarter performance this year. EA is reporting a loss of only $6 million for the quarter ending June 30, a substantial bump from last year's $135 million loss. The vast difference is attributed to cost cutting from earlier in the year (read: layoffs) and strong sales for The Sims 3, Fight Night Round 4 and EA Sports Active.

Unlike many other publishers, EA has not announced any delays for games otherwise expected to drop in 2009. The company is holding a conference call in a little bit, however, and we could hear something there. I'll be listening in.

Tags: Videogames

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Towipo

EA games has gone in the garbage. I'm not surprised they are losing money, especially with titles like Dante's Inferno and Army of Two. My friend worked for EA and he said they treat their employees horribly. Come on EA where is the next gen. sequal to Black. It is the best old shooters out there.

Posted: August 5, 2009 12:28 AM | Reply | Report

0 thumbs up thumbs down

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Cutthroatpie

The Holiday Season is the time to make money they got through the summer drought

Posted: August 4, 2009 3:00 PM | Reply | Report

0 thumbs up thumbs down

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T_Rexx

The power of quality titles from EA has cushioned the loss to just $6 mil.
Great! when compared to what others are going through, that's a profit.

Posted: August 4, 2009 2:30 PM | Reply | Report

+3 thumbs up thumbs down

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