Electronic Arts scores high net revenue for fiscal year 2008, two games moved |
Ó
Superstar publisher Electronic Arts took to the press waves, bringing along its preliminary results of the company's financial performance for fiscal year (FY) 2008. The report highlighted that EA gathered as much as US$ 1.503 billion as net revenue for the third quarter of FY 2008. On a year-on-year basis, that's a 17% rise from their third quarter rewards of FY 2007.
That, however, didn't help the company with its gross profits, as the quarters numbers the company managed to grab only racked in a total of US$ 721 million. When compared to the third quarter of FY 2007, EA saw an 11% drop. Net income also isn't doing well. When compared to last year's income of US$ 160 million, US$ 33 million in net loss for the third quarter of FY 2008 does cut deep.
Still, the company is proud of its revenue figures. Even EA's CEO, John Riccitiello went on to say, "This was a record revenue quarter for EA and the single biggest revenue quarter for any third party publisher in our industry." He also says despite the move of two crucial games' releases, they are proud of Burnout Paradise (Xbox 360 and PlayStation 3)'s success in the market and anticipate the reception of Army of Two and FIFA Street 3 (Xbox 360, PS3, and DS).
Sadly, the two games moved to EA's fiscal year 2009 (April 1, 2008 to March 31, 2009) are Battlefield: Bad Company (PS3, Xbox 360) and Mercenaries 2: World in Flames (PS3, Xbox 360, PC). More news in the business of making games as soon as they drop by.
37 Jumps PSP homebrew - MHUSPEED v3
25 Jumps Sony helping fix Bayonetta for PS3?
22 Jumps PSP homebrew - MacroFire v3.0.12
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
Categories
Archives
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
