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Trouble at t’mill. According to this Forbes piece, EA’s expected to post a Q2 loss of $111 million tomorrow.
The three months ending June 30 will relate as a 33 cents per share drop, compared with a loss of $132 million, or 42 cents per share, for the year-ago period, according to the average estimates of analysts polled by Thomson Financial.
Revenues for the quarter are expected to jump 60 percent to $633.9 million from $431 million a year ago.
More through the link.
Viewing 6 responses
Blerk said:
Poor performance, or over-spending again?
patlike said:
That piece puts it down to the summer slump. Not as bad as last year, at least.
scuz said:
bet they blame take 2
pjmaybe said:
Not really surprised, there’s been little to shore up the coffers in the 2nd quarter. Should pick up nicely in Q3 and Q4 I would’ve thought, I mean call EA all the names under the sun but they’ve got some bloody interesting stuff coming out within the next few months (Mercs 2, Spore, Mirror’s Edge etc etc)
Shatner said:
Madden ‘09 and Spore launch soon.
I doubt EA are worried.
patlike said:
Yep. And that Q4 looks bonkers good, really. I reckon an annual slow bit sounds about right.