Slashdot Mirror

← Back to Stories (view on slashdot.org)

EA Posts $16 Million Loss, Looks to Next-Gen Games

Posted by Zonk on from the big-get-smaller dept.

kukyfrope writes "Electronic Arts recently released its preliminary financial results for the fourth quarter and fiscal year ended March 31, 2006. While net revenue was up 16 percent to $641 million for the fourth quarter, the leading video game publisher suffered a net loss of $16 million. During the same period last year EA posted net income of $8 million. 'We are well into the console transition and now have more than 30 next generation games in development,' said Warren Jenson, Chief Financial and Administrative Officer."

4 of 85 comments (clear)

  1. I say it's pirates! by whoop · · Score: 3, Funny

    It must be 'cause of them rascally pirates!!

  2. Re:Profit. Loss. So what? by iocat · · Score: 2, Funny
    By itself a profit or a loss is largely meaningless.

    I keep trying to decide... do you work for General Motors or the Federal Government?

    --

    Dude, I think I can see my house from here.

  3. 30 games by payndz · · Score: 4, Funny
    We are well into the console transition and now have more than 30 next generation games in development

    Madden 2007, Madden 2008, Madden 2009, Madden 2010, Madden 2011...

    --
    You must think in Russian.
  4. I Suggest by Taulin · · Score: 2, Funny

    I suggest that EA does two things to make up the money. First, get rid of some programmers. They have way too many. Second, the programmers that stay should work a little over time. I mean, they are so lucky working for a oompany that puts out so many great games.