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Filed under: Business
EA
announced today that sales were way up this past fiscal year. Still, all those billions didn't stop the company from losing $454 million. While the publisher's revenues increased an amazing 19% to $3.7 billion, and EA saw its fiscal Q4 2008 bring in $1.1 billion, the overall loss was a far cry from the company's $76 million in profit during fiscal 2007.
EA CEO John Riccitiello said that the company has felt "aggressive change" over the last year and that he's pleased with the revenue numbers (far more than
Activision made last fiscal year). He'd like to see some profit, though, and hopes that will be the case this fiscal year. The company, in giving guidance for fiscal 2009, predicts revenues between $4.9 and $5.15 billion.
[Via
GameDaily]
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