Tue, Jul 29, 2008 | 07:38 BST
EA to post $111 million Q2 loss tomorrow
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.
6 
Posted in: EA, Financials
Tags: ea q2 financials 09
6 comments
#1
Blerk
28/07/08, 11:30 am
Poor performance, or over-spending again?
#2
patlike
28/07/08, 11:35 am
That piece puts it down to the summer slump. Not as bad as last year, at least.
#3
scuz
28/07/08, 11:44 am
bet they blame take 2
#4
pjmaybe
28/07/08, 12:14 pm
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)
#5
Shatner
28/07/08, 12:52 pm
Madden ’09 and Spore launch soon.
I doubt EA are worried.
#6
patlike
28/07/08, 12:53 pm
Yep. And that Q4 looks bonkers good, really. I reckon an annual slow bit sounds about right.