EA Q3 Revenue Drops, Loss Narrows

Electronic Arts (NASDAQ: EA  ) has announced its preliminary Q3 2013 results. The video game maker posted revenue of $922 million during the quarter, down from just over $1 billion in Q4 of the previous year. Net loss, however, narrowed over the same time frame. It was $45 million ($0.15 per diluted share) in this most recent quarter, an improvement over the $205 million ($0.62) of Q3 2012.

In spite of the revenue drop, on a trailing 12-month basis, top line outpaced the previous period. The 12 months ended last December 31 saw just under $4 billion in revenue, against $3.9 billion in the preceding period. Net is positive at $175 million, against the previous 12-months' loss of $173 million.

For its current quarter, EA said it is expecting $1.1 billion-$1.2 billion in net revenue, and positive EPS of $0.92-$1.12.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2229214, ~/Articles/ArticleHandler.aspx, 10/31/2014 6:06:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 8 hours ago Sponsored by:
DOW 17,195.42 221.11 1.30%
S&P 500 1,994.65 12.35 0.62%
NASD 4,566.14 16.91 0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/30/2014 3:59 PM
EA $39.85 Up +0.94 +2.42%
Electronic Arts CAPS Rating: **

Advertisement