Latest in Gaming

Image credit:

Analysts: EA revenues up in Q2, $100 million in losses expected


EA will announce its second-quarter results on Tuesday and, according to an average estimate by analysts, is expected to report a loss of $111 million. Forbes reports EA had a $132 million loss the same quarter last year. Not that EA is hurting for customers, revenues are estimated to be up about $200 million this quarter despite the overall loss.

This second-quarter loss isn't surprising as EA -- along with almost every other publisher -- "backloads" its games to cause a hellish purchasing climate during the holiday season. Analysts are uppity with EA because this is the first quarter the company hasn't provided them with guidance, causing analysts to have a huge spread on the quarterly financial expectations. EA is also waiting for the results of an FTC investigation into its buyout of Take-Two. There's probably going to be a lot more cloak and dagger as the dethroned publishing king tries to crawl its way back to #1.

From around the web

ear iconeye icontext filevr