{"id":1960,"date":"2008-07-30T14:00:58","date_gmt":"2008-07-30T14:00:58","guid":{"rendered":"tag:www.legitreviews.com:\/\/3a2f1326481b1df136c1858c58931fe9"},"modified":"2008-07-30T14:00:58","modified_gmt":"2008-07-30T14:00:58","slug":"electronic-arts-misses-quarterly-expectations-looses-95-million","status":"publish","type":"post","link":"https:\/\/computerhunter.us\/?p=1960","title":{"rendered":"Electronic Arts misses quarterly expectations – Looses $95 Million"},"content":{"rendered":"

On Tuesday, EA reported that it had lost $95 million, or 30 cents a share, during Q1 on net revenues of $804 million. During the same period a year ago, it lost $132 million, or $0.42 a share, on net revenues of $395 million. <\/p>\n

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The company's adjusted losses came out to 42 cents a share in Q1. Thomson Financial's poll of analysts had predicted the company would post adjusted losses of $0.33 a share, according to the Associated Press. Still, EA's sales were up more than 100 percent over a year ago, thanks in large part to the success of such titles as Rock Band and the launch of Battlefield: Bad Company and Mass Effect. <\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

On Tuesday, EA reported that it had lost $95 million, or 30 cents a share, during Q1 on net revenues of $804 million. During the same period a year ago, it lost $132 million, or $0.42 a share, on net revenues of $395 million. <\/p>\n

\n

The company's adjusted losses came out to 42 cents a share in Q1. Thomson Financial's poll of analysts had predicted the company would post adjusted losses of $0.33 a share, according to the Associated Press. Still, EA's sales were up more than 100 percent over a year ago, thanks in large part to the success of such titles as Rock Band and the launch of Battlefield: Bad Company and Mass Effect. <\/p>\n<\/blockquote>\n

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