Electronic Arts Posts Loss, Citing a Revamp
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The video game maker largely met Wall Streetâs forecasts, despite posting a quarterly loss because of reorganization charges and deferred revenue.
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Take-Two Interactive Software Inc said  on Tuesday it cut its quarterly net loss in half, but the  videogame publisher's outlook fell short of Wall Street  expectations, and its shares fell 4 percent.
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Take-Two Interactive Software Inc   said on Tuesday it cut its quarterly net loss in half,  but the videogame publisher's outlook fell short of Wall Street  expectations, and its shares fell 4 percent.
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No. 1 video game maker Electronic Arts Inc on Tuesday reported higher quarterly profits on strong demand for titles like Madden NFL 2005, but its stock price fell after a holiday forecast fell short of Wall Street expectations.
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Electronic Arts seems to be stuck in another time and place.
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Games giant Electronic Arts buys a stake in smaller French rival Ubisoft, the maker of recent hit game Prince of Persia.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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Top video game publisher  Electronic Arts Inc  lowered its profit forecast on  Thursday as it delayed "Mercenaries 2" and a new "Battlefield"  title, sending its shares down 6 percent.
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Circuit City Stores Inc. CC.N on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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Take-Two Interactive Software said Tuesday that it cut its quarterly net loss in half, but gave an outlook that fell short of Wall Streetâs expectations.
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Internet gaming company Sportingbet reports a first quarter loss of Â£241.4m, after selling its US business for Â£1.
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Despite another money-losing quarter, the future of the video game publisher looks bright.
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John Riccitiello, CEO of Electronic Arts, admits he's blown it with his handling of talented developers in the past. But he's learned from his mistakes and that EA is a better company for it.
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Take-Two Interactive Software Inc  said on Tuesday it cut its quarterly net loss in half, but the videogame publisher's outlook fell short of Wall Street expectations, and its shares fell 4 percent.
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Electronic Arts Inc. on Tuesday  posted a smaller-than-expected loss and said this quarter's  revenue should top analyst estimates, lifting shares of the  world's largest video game publisher nearly 4 percent.
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New management of Take-Two Interactive Software Inc.  said it would cut jobs and costs as the publisher of the popular "Grand Theft Auto" video games on Monday posted its sixth quarterly loss in a row.
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Analysts say makers sell consoles at a loss and profit on games, but Sony's loss is unusually high.