[News] EA has revealed the results for its fiscal year 2010, (which ran from April 1, 2009 through March 31, 2010). The result showed a downward revenue stream for the fiscal year and an improved loss as compared to previous year. The company took in $3.654 billion (down from $4.212 billion in FY2009) and, measured against money spent, lost $677 million. This is actually better than the last year’s $1.088 billion in losses.
CFO Eric Brown said of the coming fiscal year:
“We are affirming our FY11 and Q1 non-GAAP guidance and expect to grow profitably in the year ahead. Our digital businesses are expected to grow approximately 30 percent.”
So it means, he’s confident in what the company has predicted for the coming year as you might imagine, EA predicts it’s going to do better than last year.
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