EA Shows $3.1 Billion In F2007 Sales, Digital Sales Up 47%

Electronic Arts has released its results for its fourth quarter and fiscal 2007, showing a slower quarter with profits down 4 percent and net losses up to $25 million, with sales driven by Command & Conquer 3 Tiberium Wars, Need for Speed Carbon, Def Jam: Icon and The Sims 2 Seasons.

Quarterly sales fell four percent to $613 million from last year's $641 million, which the company said was primarily due to "the transition to next generation systems," and net losses of $25 million, up from $16 million a year prior.

For the full fiscal year ended March 31st, EA saw sales of $3.1 billion, up five percent from the prior year's $2.95 billion, and profits of $76 million down from the prior year's $236 million for the prior year.

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Eldon34179d ago

Man if either Microsoft or Sony ever acquired EA the war would be over. lol, but it would never happen.