Electronic Arts touted worldwide sales of Left 4 Dead 2 and Dragon Age: Origins during today's investor call, the two titles combining for more than 5.6 million in sales. In other good news, EA lost $82 million last quarter.
No that is good news, considering that EA lost $641 million during the same quarter last year. A remarkable improvement, you might say, especially since revenue was down to $1.243 billion as compared with $1.654 billion from the year prior. Electronic Arts CEO John Riccitiello is understandably pumped.
"EA is growing share in our packaged goods business and our digital businesses continue to grow rapidly," said John Riccitiello, Chief Executive Officer, clearly pleased.
Eric Brown, Chief Financial Officer, was similarly stoked. "We are expecting an increase in FY11 full year non-GAAP earnings per share on the basis of strong cost controls and growth in our digital businesses," said Brown. EA expects to make $3.45 to $3.70 billion in the next fiscal year, thanks to the release of many video games.