EA posts sizable loss, but touts big Sims 3 sales
There may be an economic recovery in the works, but video game giant Electronic Arts has a way to go before it joins the party.
That seemed to be the message Tuesday, when EA reported its first-quarter results, the highlights of which were mixed: On the one hand, it reported a quarterly net loss of $234 million, or 72 cents a share, compared with a loss of $95 million, or 30 cents a share, for the same quarter a year earlier. But on the other hand, its big summer release, The Sims 3, appears to have gotten off to a … Read more
