Submitted by ironwolf 3318d ago | news

Video game publisher Electronic Arts posts a wider Q1 net loss

SAN JOSE, Calif. (AP) - Electronic Arts Inc. (Nasdaq:ERTS), the world's biggest video game publisher, posted a wider net loss for its fiscal first quarter amid an industrywide sales slump but beat expectations driven by strong sales of certain titles.

For the three months ended June 30, Electronic Arts said Tuesday it lost $81 million US, or 26 cents per share, compared to $58 million, or 19 cents a share, for the year-ago period. (Industry)

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