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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.
