Electronic Arts Inc today announced preliminary financial results for its fiscal second quarter ended September 30, 2008.
-Net revenue for the second quarter was $894 million, up $254 million as compared with $640 million for the prior year.
-Net loss for the quarter was $310 million as compared with net loss of $195 million for the prior year. Diluted loss per share was$0.97 as compared with diluted loss per share of $0.62 for the prior year
Q2 PLATFORM NET REVENUE MIX (In millions)
360 224
PS3 98
PC 88
PS2 54
NDS 43
PSP 36
Wii 33
Atlus wins over gamers yet again.
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Everyone was saying EA was selling more on PS3 but clearly not thats not true.
If you notice, on page 19, the Year Over Year (YOY) % change for the PS3 platform has improved 476%.
Q2 FY08 = 17
Q2 FY09 = 98
Yeah, that's FAR below the units sold for Xbox 360, but that's definitely the right trend! :-)
Hey, I gotta spin it the best I can, right? ;-)
EA knows the 360 is a breadwinner.
Without the 360 getting that close to 1billion$ would have been impossible.
Just make sure a hefty sum of that goes towards Dead Space 2 and Mass Effect 2.
EA makes a point to have you focus on the non-GAAP numbers because they do not include revenue deferrals. EA feels that the non-GAAP numbers give a better reflection of how their business is operating. The GAAP numbers were posted last quarter as well, and they incorrectly showed the PS3 had outsold the 360.
non-GAAP revenue.
360 224
PS3 166
PS2 77
Wii 60
Im confuse by these numbers what's really goin on?