EA has reported a 17 percent rise in sales for its fiscal Q3, reaching a quarterly record, but the firm posted a quarterly loss.
ImageSales of Rock Band, Need for Speed: Pro Street, FIFA 08, The Simpsons Game, Madden NFL 08, The Sims 2: Castaway and NBA Live 08 drove sales for the quarter ending in December to $1.5 billion, up from $1.3 billion for the same period a year ago.
Gross profit for Redwood City, Calif.-based EA was $721 million, an 11 percent decrease. Net loss for the quarter was $33 million, down from net income of $160 from a year ago.
EA said that Need for Speed: Pro Street sold 5.5 million units during the quarter; FIFA 08 sold 4.5 million during the quarter, making it EA's best-selling title year-to-date; Rock Band sold 1.5 million copies across three platforms; and The Simpsons Game sold 4 million copies.
EA delayed the two high-profile fiscal Q4 titles into fiscal 2009, Battlefield: Bad Company and Mercenaries 2, the latter coming from recently-acquired Pandemic.
The publisher now expects net revenue for the quarter ending March 31 to be between $925 million and $1.05 billion. EA expects loss per share between 33 cents and 52 cents.
Full-year fiscal forecasts call for net revenues between $3.46 billion and $3.59 billion, compared to previous forecasts of $3.35 billion to $3.65 billion.
Loss per share for the full year is projected to be between $1.48 and $1.67.
The firm opted not to provide fiscal 2009 forecasts at this time.
ImageSales of Rock Band, Need for Speed: Pro Street, FIFA 08, The Simpsons Game, Madden NFL 08, The Sims 2: Castaway and NBA Live 08 drove sales for the quarter ending in December to $1.5 billion, up from $1.3 billion for the same period a year ago.
Gross profit for Redwood City, Calif.-based EA was $721 million, an 11 percent decrease. Net loss for the quarter was $33 million, down from net income of $160 from a year ago.
EA said that Need for Speed: Pro Street sold 5.5 million units during the quarter; FIFA 08 sold 4.5 million during the quarter, making it EA's best-selling title year-to-date; Rock Band sold 1.5 million copies across three platforms; and The Simpsons Game sold 4 million copies.
EA delayed the two high-profile fiscal Q4 titles into fiscal 2009, Battlefield: Bad Company and Mercenaries 2, the latter coming from recently-acquired Pandemic.
The publisher now expects net revenue for the quarter ending March 31 to be between $925 million and $1.05 billion. EA expects loss per share between 33 cents and 52 cents.
Full-year fiscal forecasts call for net revenues between $3.46 billion and $3.59 billion, compared to previous forecasts of $3.35 billion to $3.65 billion.
Loss per share for the full year is projected to be between $1.48 and $1.67.
The firm opted not to provide fiscal 2009 forecasts at this time.
Welp bad news for the battlefield fans who where looking forward to bad company.
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