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EA reports Q2 results

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

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Odion6391d ago

Everyone was saying EA was selling more on PS3 but clearly not thats not true.

green6391d ago

Wow you have to combine the revenue that EA got from the PS3,PC and Wii to even get close to the revenue they got from the 360.360 really does push software.

Beast_Master6390d ago (Edited 6390d ago )

This is not gonna be good.

FLAME ON!!

Promising that PS3 is second and with Mirror's edge and Dead Space selling well the numbers will be a little better, but with L4D being basically a 360 console exclusive we may see these same margins. boy they should give up on the Wii though Boom Blocks was an exclusive and they also got Rockband in May (Q2) and all the Sports titles, and still where in last place.

Beast_Master6390d ago

Did any one see this!!
YOY%
Xbox 360 +3%
PLAYSTATION 3 +476%

Year over year change up 400+ percent this title is EPIC FAIL FOR NOT POINTING THAT OUT!!!

Gam716390d ago (Edited 6390d ago )

That shows how bad that year must have been.

All ps3 numbers have been up since last year, HW, SW, because they had a bad year to build from.

FCC6390d ago (Edited 6390d ago )

Just to think a week ago, PS3 fanboys were gloating because the Xbox 360 no longer pushed as software as the PS3 therefore it's dead... The numbers really do show... This is embarrassing, I'll link the original article.

http://n4g.com/industrynews...

Wow... That's more embarrassing than I imagined... Shame on you ThatCanandianGuy420 and the 136 people who agreed with him.

I feel a little embarrassed for you guys too...

vasilisk6390d ago

And I feel a little embarassed for you...
When he wrote the article he didn't have EA's Q2, did he?
So when the article was written, according to Q1 numbers and last year's Q4, which were the only numbers he had at hand, he was actually right, wasn't he?

FCC6390d ago (Edited 6390d ago )

vasilisk, maybe you don't understand who I'm currently addressing. I clearly state PS3 FANBOYS in my comment and I link to the comments on the article.

I feel even more embarrassed for you because you have no reading comprehension... I wonder how you get your bubbles...

Nice try on the spin spin spin spin spin spin spin spin.

Don't reply again unless you're apologizing, honestly.

EDIT: I see your disagree vasilisk, apologizing isn't that embarrassing, in contrast of what you did. Apologizing only makes you the better man and it's over with. I won't judge you.

vasilisk6390d ago (Edited 6390d ago )

Dude, I'm not spinning and the only fanboy I'm seeing between us is clearly you. And as far as the reading comprehension comment, everyone with a little bit of common sense can clearly see who's lacking in that department.
All I'm saying is that when the article was written he didn't have EA's Q2. Did he? Nope, and I really feel sorry for your reading comprehension.
If you actually read the report you would see that for Q1 the revenue was 81mil for the 360 and 139mil for PS3. As for last year's Q4 it was 128mil for 360 and 159mil for PS3. Were these the numbers he had at hand when he wrote the article? Yes, and now I'm really really feeling sorry for your reading comprehension.
Actually take the time to actually READ what other people are saying before posting next time.

Be Reasonable6390d ago

Jesus Chirst, Moderator you can ban me I don't care anymore but honestly, YOU STILL FAIL AT READING COMPREHENSION. Maybe I didn't clarify clearly enough, I meant comments on the N4G page on the link. Not the article itself. It's a misinterpretation but still honestly if I thought the comments inside the actual article was PS3 Fanboy then obviously it'd be reading comprehension fail, but it's not the case.

+ Show (6) more repliesLast reply 6390d ago
Nineball21126390d ago

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? ;-)

Mozilla896390d ago

Any improvement is a good improvement. But still aren't most companies releasing their Q3 profits now? So why is this Q2?

creeping judas6390d ago

ill give you a bubble for being honest about the spinning!!!

allthough it is a good point, EA will see the reason to make more games on the PS3 and make them better at the same time.

Nineball21126390d ago

Thanks Creeping Judas.

Bubbles back at ya!

kewlkat0076390d ago

"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 "

Always a bright side..eh

Some have to remember EA was putting out inferior products on the PS3 early so seems like they are redeeming themselves. Still Xbox 360 brings home the Bacon.

+ Show (1) more replyLast reply 6390d ago
Lord Xire6390d ago

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.

FCC6390d ago (Edited 6390d ago )

True, quality is really improving on the PS3 since the dreaded Orange Box. Before anyone starts getting overboard and starts claiming Dead Space was on PS3 lead meaning the PS3 is better, (happens a lot when Dead Space is mentioned) it was actually 360 lead and was polished beyond polished on the PS3 version.

http://www.videogamer.com/n...

"He added: "Right now we're leading and building and doing everything on the 360. Pretty soon in a month or two we will switch and lead on the PS3. That is so that you're not downgrading the PS3 later. We're putting all our engineering muscle into making the PS3 great, and then we'll know that the 360 will be great."

However, when asked if there will be any differences between the PS3 and Xbox 360 versions, Schofield said: "The plan has to be, and it will be, on parity with the 360.""

Just a little snippet.

gamerdude116390d ago

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

Darkseider6390d ago

Score an agree and a bubble for someone who knows what GAAP and Non-GAAP refer to!

cellfluid6390d ago

Im confuse by these numbers what's really goin on?

FCC6390d ago (Edited 6390d ago )

The Analysis from 4 days ago was looked to be a pseudo-truth article but it really was just a guesstimate... they said the PS3 is making MORE money for EA but not more than the Xbox 360 I'm pretty sure, or their lying.

http://www.n4g.com/industry...

GiantEnemyLobster6390d ago

360: $224 million
Ps3: $98 million

Well, I guess we know who the true winner is, as usual.

Guitarded6390d ago (Edited 6390d ago )

You weren't supposed to come in this thread. The SDF doesn't want this story to get hot so your orders are to stay away. Their going to rank you down now. Got to give you some credit though. You got balls to come in here and be humiliated, yet continue to try and defend yourself or change the subject to draw attention away from the fact that you were and are WRONG! Good thing you ran out of bubbles. It was starting to get embarrassing. Funniest comment ever, Air1 comment 7.0

Show all comments (73)
70°

Microsoft Gaming Revenue Drops 7% Year-on-Year, Content and Services Down 5%, Xbox Hardware Down 33%

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.

Read Full Story >>
simulationdaily.com
Jin_Sakai1d 8h ago (Edited 1d 8h ago )

Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.

dveio1d 2h ago

To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Jingsing1d ago

The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.

Tanktopmaster921d 1h ago

Once they re-evaluate exclusive all will be fine….

S2Killinit1d 1h ago

Riiiiight because people will just flock back to them for one or two games per year.

Jingsing1d ago

15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.

Tanktopmaster9222h ago

These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse

Show all comments (13)
50°

Report: Injustice 3 in Development at NetherRealm Studios

Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.

50°

Spiders Studio, Developers of GreedFall: The Dying World, Announce Liquidation of the Company

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.

What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.

We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.

If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."