
‘We are now seeing the early returns of the change agenda’, says Riccitiello
EA’s Q1 revenue was up, and the publisher’s net loss dropped too in a like for like period, the firm revealed today in its financial results.
Net revenue for Q1 was $804 million, up $409 million compared to Q1’s $395 million last FY. Meanwhile EA’s net loss for the quarter was $95 million, a drop from last FY’s Q1 loss of $132 million.
EA CEO John Riccitiello said: "We are now seeing the early returns of the change agenda we started last year. Innovation and quality are rising, our games are more accessible and fun, and we have more new titles than at any time in our history.”
“From SPORE on the PC to Dead Space on the PlayStation 3 and Xbox 360 to MySims on the Wii and Nintendo DS to Scrabble on the iPhone and Facebook, this is the best title portfolio in the company's history."
EA is anticipating full-year net revenue to hit between an impressive $3 billion and $5 billion, compared with just over $4 billion in the prior financial year.
Advertisement
Comments
Online Pharmacy best pills dfg
http://confluence.public.thoughtworks.org/display/~buy-xanax-no-rx - xanax http://confluence.public.thoughtworks.org/display/~buy-tramadol-no-rx - tramadol http://confluence.public.thoughtworks.org/display/~buy-valium-online - valium http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-ambien-online-without-prescription-buy-ambien-10mg-5mg - ambien http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-xanax-online-buy-xanax-2mg-1mg - xanax http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-fioricet-online-without-prescription-buy-fioricet-cod - fioricet http://connections.blackboard.com/people/50273d6fc2 - tamiflu http://tapestry.formos.com/wiki/display/~buy-tamiflu-winthout-prescription - tamiflu http://boinc.vanderbilt.edu/CSB/view_profile.php?userid=5324 - ambien http://confluence.public.thoughtworks.org/display/~ativan4r5r - ativan http://confluence.public.thoughtworks.org/display/~buy-ambien-without-prescription - ambien
ronald owners shifted xenos montreux interact islington
Leave a Comment
HOT TOPICS
Religious leaders slam Modern Warfare 2 130
Microsoft hails its ‘killer weapon’ in battle with PS3 and Wii 52
Russia pulls Modern Warfare 2 from sale? 16
The Hut rebuffs AC2 date break claims 14
The Producers pulls out of Trilogy partnership 13
MW2 sales pass $550m worldwide 13
60% of UK 360s have failed 12
Xbox Live class action begins 10
Facebook hitting PS3 today 8
Call of Duty inspires new retailers 6
RELATED STORIES
THQ's record revenues top $1 billion 1
Full-year sales tumble at Infogrames 4
Ubisoft full year revenues top $900m 1
Vivendi Games' Q2 earnings rise 91.9% 1
Take Two reports record Q3 1
Online spearheads Zavvi growth 1
Sony issues profits warning 15
EA to lay off 6% of work force 7
Game profits suffer for Namco Bandai 1
Take Two Q4 losses double
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets












