EA Report: Revenue Up, Game Delays, New Game Announcements

EA announced their second quarter financial earnings today. First, EA hauled in $784 million in total revenues, which is a 16% increase during the same period last year. EA attributed these earnings toward strong sales of both Madden NFL 07 (which sold over 5 million copies) and NCAA Football 07 (over 2 million copies). EA’s Xbox 360 games accounted for 21% of the total revenue.

Net profits went down from last year, with only $22 million this quarter compared to $51 million last year. But with these announcements, EA didn’t hesitate to open the gates on game announcements. First, two games have been delayed till EA’s next fiscal quarter (begins on April 2007), the PC sci-fi FPS Crysis and the 360 and PS3 action game Army of Two.

New game announcements included a new Sims game for the Wii, a new Road Rash game, a game to accompany the upcoming "The Simpsons" film, a new Lord of the Rings game, a new SimCity game, and a next-generation port of Criterion Games’ FPS Black. Finally, EA confirmed that The Sims 3 is in-development, with a release date ranging from April 2009 to March 2010.

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Author: GamerNode Staff View all posts by

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