EA Earnings Miss
Tags: FINANCIAL performance; ELECTRONIC Arts Inc.; VIDEO game industry; NET losses; EARNINGS forecasting; ANALYSTS (Finance); RICCITIELLO, John
Related Articles
- EA: Strong Q4, Weak FY 09. Lee, Michael // Red Herring;5/5/2009, p2
The article reports on the sales performance of video game developer and publisher Electronic Arts in the fourth quarter of fiscal year 2009. The company reported a revenue of $860 million for the quarter, with a net loss of $42 million. However, the weak holiday sales in the third quarter...
- Vidgame pubs take hit. Fritz, Ben // Daily Variety;8/2/2007, Vol. 296 Issue 23, p5
The article reports on the decline in the stock value of video publishers which include Electronic Arts Inc. (EA) and THQ Inc. in the U.S. EA announces that its revenue fell 4% in the quarter ended June 30, 2007 to $395 million, while net loss increased by 63% to $132 million. Meanwhile, THQ...
- Sara Lee president-CEO moving to Electronic Arts. // Advertising Age;09/15/97, Vol. 68 Issue 37, p86
Announces that former Sara Lee Corp. president-CEO John Riccitiello is president and chief operating officer at Electronic Arts, Chicago.
- EA Loses Big, Lays Off 600. Lee, Michael // Red Herring;10/30/2008, p1
The article reports that the earnings of video game company Electronic Arts (EA) fell short of analyst expectations, sending shares 14 percent lower in after hours. EA reported a net loss of $310 million, or $0.97 per share, on revenue of $894 million for the second quarter of 2008, compared...
- UK Analysts' Earnings Forecasts. Patz, Dennis H. // Accounting & Business Research;Summer89, Vol. 19 Issue 75, p267
This paper reports the results of an empirical study of UK analysts' earnings forecasts for 126 firms for the years 1980 and 1981. Six hypotheses regarding the accuracy of these forecasts are tested, with results which both confirm and conflict with prior UK findings. In addition, evidence is...
- THQ Sees Heavy Losses. Lee, Michael // Red Herring;5/6/2009, p1
The article reports on the net loss posted by video game developer and publisher THQ in the fourth quarter of 2008. THQ reported a net loss of $97 million on revenue of $170 million. The company managed to beat Wall Street analysts' expectations on revenue, but failed in terms of net loss. For...
- F&C plans return to profits. Salih, Chris // Money Marketing;3/22/2007, p20
The article reports on the financial performance of F&C Asset Management company in 2006 in Great Britain. The fund company posted a net loss of �30.6 million, compared to a loss of �106.3 million in the previous year. With such result, the company decided to set out plans to increase...
- Forecast lowered after GameStop 3Q sales drop. Dillard, Betty // Fort Worth Business Press;11/24/2008, Vol. 20 Issue 46, p4
The article reports that video game and entertainment retailer GameStop Corp. had a minimal decrease in third-quarter profits ended November 1, 2008. The retailer reported net income of $46.7 million or 28 cents per share which is lower compared to $52 million or 31 cents per share for the same...
- Vidgame sales disappoint. Fritz, Ben // Daily Variety;11/2/2007, Vol. 297 Issue 25, p5
The article reports on the disappointing financial performance of video game publishers in 2007 in the U.S. During the third quarter, Electronic Arts Inc. posted an 18% decline in revenues from the same quarter last year and net loss of $195 million. THQ Inc.'s net sales also fell from $240.2...
