Aj_habfan said: How the fuck do you lose money Madden quarter. |
The loss wasn't as bad as it looks, since they had alot of one-time restructing charges during the qtr to help consiladate the new acquisitions. From Marketwatch:
"Excluding charges for items such as stock options and restructuring charges, the company said it would have lost $20 million, or 6 cents a share, for the recent period. Analysts were expecting a net loss of 7 cents a share for the period, according to consensus estimates from FactSet Research."
EA is going to post a nice qtr for the 3rd qtr, and once again, 360 will dominate sales for consoles.