Production House of “FIFA 13? gets Losses
Shares of Electronic Arts (EA) has been declining in premarket trading some time ago. Electronic Arts (EA) recorded a second-quarter loss of USD381 million, or USD1.21 per share for the period from July to September. In the same quarter last year, EA lose USD340 million or USD 1.03 per share. The company’s revenues recorded USD711 million, down slightly from last year’s record USD715 million. Thus was launched from Gadgetndtv, Monday (11/05/2012). Analysts expect company profits adjusted of 11 cents per share, and according to a FactSet poll, revenue adjusted of USD1.08 billion. “We believe EA still in transition circumstances, because to build digital infrastructure and online, while managing the console business continues to decline,” wrote analyst Colin Baird. For this quarter, Electronic Arts Inc expects adjusted earnings of 50 cents per share and revenue of USD 900 million to USD 1 billion. Analysts also expect higher earnings is 62 cents per share and revenue of USD1, 34 billion. For information Electronic Arts is a multinational company that produces various kinds of multimedia products. The company is headquartered in Redwood City, California.Read More on http://www.technonewspaper.com Related Posts PlayStation 3 Slim Bundled with FIFA 13
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