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

Posted by Zonk on Thursday May 4, 2006 @07:43AM 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."

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I say it's pirates! by whoop · 2006-05-04 07:59 · Score: 3, Funny

It must be 'cause of them rascally pirates!!
30 games by payndz · 2006-05-04 08:43 · 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...

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