The American publisher of video games Electronic Arts (EA) released Tuesday that net income more than doubled in the first quarter of fiscal year 2011/2012 shifted, exceeding analysts' expectations, and a turnover up 26%.
The earnings were $ 221 million against 96 million during the same period a year ago. Per share, this amounts to 66 cents. But taking into account that certain revenues are deferred from the purchase and activation of a game, adjusted earnings per share is equivalent to a loss of 37 cents, less marked than analysts had anticipated (loss current 40 cents).
The turnover reached 999 million on its side against $ 815 million a year earlier, well above forecasts of Wall Street (509 million). "We still made a strong quarter, driven both by streaming products as packaged," commented CEO John Riccitiello said in a statement.
The largest increase came from sales of games for mobile phones, up 75% year on year. To capitalize on the popularity of the media the latest, the group announced July 12 that it would buy rival PopCap Games, a specialist games on mobile devices and social networks, in an amount ranging from 750 million to $ 1.3 billion.
The company said it had sold over two million copies of his new game Portal 2 during the period under review, indicating that pre-orders for Battlefield 3 "ahead extremely well." For the quarter ended September 30, the company revises its estimates of loss per share excluding exceptional items 3 to 13 cents, against a previous estimate of a loss between 5 and 15 cents. It provides, however, always a turnover of 675 to 725 million dollars.
