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Posts tagged financial-report

EA reports $308 million loss in Q3 2014

Electronic Arts reported a net loss of $308 million in the fiscal third quarter of 2014, a period of three months stretching from October 1, 2013 through the end of December. The company reported a net revenue of $808 million, which compares unfavorably to the $922 million reported during the same...

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New FIFA World Cup game in development for Xbox One and PS4

During yesterday's investor call to discuss EA's second quarter of fiscal 2014 financial results, CEO Andrew Wilson noted that the publisher is working on a new FIFA World Cup expansion game. Additionally, CFO Blake Jorgensen brought up FIFA World Cup again when asked about next-gen games in...

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EA reports $273 million loss in second quarter of fiscal 2014

EA released its financial report for the second quarter of fiscal 2014, a period of time that stretched from July 2013 through the end of September, reporting a net loss of $273 million during that time. The publisher saw a two percent decline in net revenue compared to the same three-month time...

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FIFA's digital revenue tops $145 million in first half of fiscal 2014

EA's FIFA series has generated over $145 million in digital net revenue in the first half of fiscal 2014, a period that stretched from April 1, 2013 through September 30, 2013. The news came from EA's Q2 2014 earnings report, and was derived on a non-GAAP (Generally Accepted Accounting Principles)...

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Microsoft Q1 2014 financials show 16 percent increase in revenue

Microsoft revealed its first quarter 2014 financial results (the period of July 2013 through September 2013), primarily showing growth in revenue and net income. The company brought in $18.53 billion in revenue in the quarter, a 16 percent increase from its reported revenue from Q1 2013 report...

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FIFA 13 netted $70 million in digital revenue last quarter

FIFA 13 saw $70 million in revenue from digital sales in Q1 of fiscal year 2014, which stretches from April 1, 2013 through June 30, 2013. The figure from EA's earnings report today is derived on a non-GAAP (Generally Accepted Accounting Principles) basis. EA reports that the digital sales for...

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3DS sold under cost since price cut, Nintendo 'hoping' to profit by March 2013

Nintendo took a big hit last year when it dropped the price of its then-nascent handheld, the 3DS, to $170 just a few months after initial launch. Such a hit, apparently, that Nintendo is selling the unit for less than it costs the company to produce, as revealed in the company's latest financial...

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THQ sales slump for FY2011, looking to successful sequels in 2012

THQ has announced its earnings for fiscal year 2011, which ended March 31, 2011. Stacked up against last year's report, the publisher's net sales on a GAAP basis were down from $899 million to $665 million, a drop of $234 million overall. Its net loss saw a dramatic increase from $9.6 million to...

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EA cuts quarterly losses, despite declining revenue

Electronic Arts has posted its financial report for the second quarter (July–September) of its 2011 fiscal year, posting $631 million in revenue, a decline of $156 million compared to revenue recorded during the same period last year. However, the megapublisher managed to cut its net loss to...

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Take-Two Q2 revenue up to $268M, BioShock 2 sales 'lower than expected'

Grand Theft Auto publisher Take-Two has announced its financial results for its second fiscal quarter, which ended April 30, 2010. Net revenue of $268 million represented an increase of 54 percent over the $174.3 million recorded during the same quarter last year; a change that Take-Two...

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