If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

EA slashes Q1 costs as losses widen


EA has posted a $234 million loss for the first quarter, compared to a loss of $95 million for the prior year.

Sales were down from $804 million last year to $644 million.

Operational costs, though, were drastically reduced for the period, down to $25 million compared to $239 million a year ago.

"Good execution delivered better-than-expected financial results in the first quarter," said boss John Riccitiello.

"We are very pleased with the success of both The Sims 3 and EA Sports Active."

Full-year revenue estimate stuck at between $3.7 and $3.85 billion. A total-year loss per share is expected to be between $0.85 and $1.35.

The conference call's kicking off now. Get the full financial report here.

Support VG247

You give us money, we give you an ad-free reading experience, merch discounts, a newsletter every month, and elite status amongst your friends.

See more information


More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch