Publisher EA has suffered another disappointing financial period with news that it suffered a $391m loss in its second quarter – a 26 per cent increase compared to the £310m loss in the same period a hear before.
GAAP revenue was also down 12 per cent at $788m. In the same quarter in 2008 that number stood at $894m.
“EA is performing well, with quality, sales and segment share up so far this year,” CEO John Riccitiello stated.
“We are making tough calls to cut cost in targeted areas and investing more in our biggest games and digital businesses.”