November 10th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »
EA Mobile has generated a turnover of $ 51 Million during the quarter. Other platforms still seem to hold well as mobile is still roughly 5% of EA’s total revenues.
For mobile, this means a revenue increase of $ 4 million year-on-year (or 9%). With these numbers, EA Mobile holds the lead toward competitors Glu and Gameloft who announced their numbers last week.
There is also a downside to the earnings report from EA. The company made a net loss of $ 391 Million. That’s over 25% year-on-year. As a result, jobs will be sacrificed to cut costs. The company will let 1.500 staff members go and reserved up to $ 150 Million for restructuring costs.
Tags: EA . EA Mobile . Earnings . Financial . Recustions
Permalink: https://www.mobilegamesblog.com/financials-eas-q2-2010-job-cuts-coming/
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