EA has announced that it made a loss during its third quarter ended December 31, 2009 blaming a lack of launches and the decline in boxed product.

GAAP net revenue for the quarter was $1.243 billion compared with $1.654 billion for the prior year. Non-GAAP net revenue for the quarter was $1.346 billion, down 23 per cent as compared with $1.742 billion for the prior year. GAAP net loss for the quarter was $82 million compared with a net loss of $641 million for the prior year.

read more

Source Article »

This entry was posted on Monday, February 8th, 2010 at 10:35 pm and is filed under Game Industry. You can follow any responses to this entry through the RSS 2.0 feed.You can leave a response, or trackback from your own site.