Ea Q2 Financials 09

EA cuts 6% of workforce, posts quarterly loss

EA has posted a second quarter loss of $310 million, or 97 cents per share, the second in its fiscal year. That was worse than the loss of $195 million, or 62 cents per share, a year earlier. Sales jumped 40 percent to $894 million. Highlights for the period were Madden 09 at 4.5 million […]

Ea Q2 Financials 09 headlines

  • EA expected top post loss for second quarter

    EA will post a loss for its second quarter, analysts expect, despite strong revenues from titles suchg as Spore and Warhammer Online. Analysts, on average, are expecting a loss of 6 cents per share on sales of $1.08 billion, according to a poll by Thomson Reuters. “With the stock hovering near a six-year low, it […]

  • 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 […]