You need a javascript enabled browser to watch videos.
Click To Unmute
GS News - EA posts $381 million loss
Resident Evil 4 Is A Perfect Remake
How Alan Wake II Made Me Face My Fear of Horror GamesGameSpot's Top 10 Games of 2023Thompson: The Pop Culture Icon’s Strange Legacy - LoadoutFirearms Expert’s FAVORITE Weapons Of 2023State Of Gaming Handhelds In 2023GS News Update: New Fortnite Battle Pass DetailedGS News Update: Star Wars: Battlefront 2 Underperforms, Microtransactions Coming BackGS News Update: Metal Gear Survive Requires Constant Internet Connection, Has MicrotransactionsBattlefield: Bad Company 3 Rumors Surface - GS News RoundupRed Dead Redemption 2 Mission Discovered In GTA Online?! - GS News RoundupPUBG Xbox One Performance Issues - GS News Roundup
Share
LinkEmbed
Size:640 × 360480 × 270
Start at: End at: Autoplay Loop
Want us to remember this setting for all your devices?
Sign up or Sign in now!
Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
HTML5
Auto HD High Low
Report a problem
Sorry, but you can't access this content!
By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy
enter
Battlefield and Mass Effect publisher Electronic Arts is seeing red. The company posted a $381 million loss for the three-month period ended September 30. This represents a 12 percent greater loss than the $340 million hit the company took during the same time last year. Total revenue for the period came in at $711 million, down slightly year-on-year from $715 million.
EA CEO John Riccitiello offered deeper color on the losses in a post-earnings conference call. He said the industry is currently in an unsettled period, and alluded to next-generation consoles from Microsoft and Sony helping to spur sales in the time ahead.
"The game sector is in a volatile period of change and transition--awaiting new catalysts for even more rapid growth," Riccitiello said. "Since the San Francisco Giants won the World Series, I’ll use a baseball analogy: EA doesn’t win every inning, but we put a lot of runs on the scoreboard and we expect to finish the season at the top of the standings and to continue to do so for years to come."
Later in the call, EA Labels boss Frank Gibeau shed some light on the recently released Medal of Honor: Warfighter. Gibeau said the critical reception for the game "fell below our expectations." He added that EA will continue to push the game during the holiday season through marketing and other sales execution strategies, including the upcoming map pack tied in to Sony Pictures' new movie Zero Dark Thirty.
You need a javascript enabled browser to watch videos.
Click To Unmute
Medal of Honor: Warfighter - Solo Deployment
Resident Evil 4 Is A Perfect Remake
How Alan Wake II Made Me Face My Fear of Horror GamesGameSpot's Top 10 Games of 2023Thompson: The Pop Culture Icon’s Strange Legacy - LoadoutFirearms Expert’s FAVORITE Weapons Of 2023State Of Gaming Handhelds In 2023Like a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerHow Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Saeko Mukoda Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Eric Tomizawa Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight Trailer
Share
LinkEmbed
Size:640 × 360480 × 270
Start at: End at: Autoplay Loop
Want us to remember this setting for all your devices?
Sign up or Sign in now!
Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
HTML5
Auto HD High Low
Report a problem
Sorry, but you can't access this content!
By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy
enter