- Associated Press - Tuesday, August 3, 2010

THE NUMBERS: EA’s first-quarter net income totaled $96 million, or 29 cents per share. That’s up from a loss of $234 million, or 72 cents per share, a year earlier. Net revenue rose to $815 million from $644 million.

WHAT’S WATCHED: Electronic Arts Inc. posted an adjusted loss of 24 cents per share, which along with adjusted revenue handily beat Wall Street’s expectations.

WHAT’S AHEAD: EA affirmed its full-year guidance. For the current quarter, it expects an adjusted loss of 10 cents to 15 cents per share on revenue of $775 million to $825 million. Analysts predict a loss of 10 cents per share on revenue of $816.9 million, on average.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide