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Game sales strong for EA but outlook hurts shares

NEW YORK — Video game publisher Electronic Arts Inc. said Tuesday that strong sales of games such as "Battlefield: Bad Company 2" and "Mass Effect 2" gave the company a quarterly profit above expectations. But its outlook fell short of Wall Street's forecast, and its shares slumped in after-hours trading.

Electronic Arts, which also has "The Sims" and "Madden" games, said it earned $30 million, or 9 cents per share, in the quarter that ended March 31, its fiscal fourth. In the comparable period last year it lost $42 million, or 13 cents per share.

Revenue rose 14 percent to $979 million from $860 million.

EA's adjusted earnings of 9 cents per share and revenue of $850 million handily surpassed Wall Street's expectations of a profit of 5 cents per share on revenue of $835.4 million. Adjusted results exclude special items and account for deferred revenue from games with online components.



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Игровая индустрия за неделю. 14—20 мая 2012 года
Компания Blizzard бесплатно выпустила Diablo III Starter Edition для PC. Новая часть серии Tomb Raider перенесена на 2013 год. Анонсирована игра Marvel Avengers: Battle for Earth. Издательство THQ прекратило финансирование проекта Devil's Third. Об этих и других событиях за неделю читайте в

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