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EA posts $95 million loss for Q1 09

EA has posted a $95 million for the quarter ending June 30, shy of the expected $111 million, and a trimmed figure compared to the $132 million loss of the same period a year earlier.

Net revenue more than doubled to $804 million from $395 million a year ago, though the latest quarter included a $231 million boost due to deferred revenue, EA said in a statement.

Excluding deferred revenue and other items, EA's revenue of $609 million fell far short of the average Wall Street target of $640.4 million for the period.

More here.

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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