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Gbeav
Banned
(05-05-2009, 10:28 PM)
 
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EA loses 1 billion fiscal 2009 - ouch #1

http://www.vg247.com/2009/05/05/ea-l...n-fiscal-2008/


EA’s reported a shell-shock $1.08 billion loss for the financial year ending March 2008(must mean 2009)

Revenue for the period was up to $4.2 billion, a 15 percent rise from the previous year’s $3.6 billion.
MechDX
Member
(05-05-2009, 10:29 PM)
 
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#2

http://www.neogaf.com/forum/showthread.php?t=360720
TheGreatDave
(05-05-2009, 10:30 PM)
 
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#3

I love contrasting thread titles.
BenjaminBirdie
raise the double standard
(05-05-2009, 10:30 PM)
 
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#4

Originally Posted by TheGreatDave:
I love contrasting thread titles.

Yeah, I couldn't help but laugh.
cw_sasuke
Member
(05-05-2009, 10:30 PM)
 
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#5

They bought Bioware and Pandemic back then didn`t they ?

btw. there is already a thread...
Gbeav
Banned
(05-05-2009, 10:32 PM)
 
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#6


I suck
Pyrokai
Member
(05-05-2009, 10:32 PM)
 
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#7

So, like, which one is true?
Gbeav
Banned
(05-05-2009, 10:40 PM)
 
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#8

Originally Posted by Pyrokai:
So, like, which one is true?

This, after adjustments this is the true figure.

GAAP net loss for the year was $1.088 billion as compared with a net loss of $454 million for the prior year. Diluted loss per share was $3.40 as compared with a diluted loss per share of $1.45 for the prior year. Fiscal 2009 GAAP results include a $368 million non-cash charge for goodwill impairment and a non-cash charge for tax valuation allowances consisting of $232 million related to deferred tax assets that existed as of the end of Fiscal 2008 plus an additional $134 million against deferred tax assets recorded during Fiscal 2009.

Non-GAAP net loss was $96 million as compared with net income of $339 million a year ago. Non-GAAP diluted loss per share was $0.30 as compared with diluted earnings per share of $1.06 for the prior year.
Kirashi
Member
(05-05-2009, 10:40 PM)
 
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#9

Originally Posted by Pyrokai:
So, like, which one is true?

both
say they were expected to lose $2b, but only lost $1b, they lost $1b while beating the expectation.
look at the after market trade.
NutJobJim
(05-05-2009, 10:48 PM)
 
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#10

Goddamn.
EA are finally putting out some really fucking awesome games again and the poor fuckers are loosing truck loads of money?
No joke, outside of maybe Capcom, EA have been my favourite publisher this gen. In fact, pound for pound, I'd say they've even got Capcom beat (for my personal taste.)
LiveFromKyoto
make it rain, motherfucker
(05-05-2009, 10:52 PM)
 
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#11

There goes all the allowance they'd been saving up to buy Take Two.
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