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Electronic Arts posts larger 1st-quarter loss, but adjusted results beat expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Electronic Arts posts larger 1st-quarter loss, but adjusted results beat expectations Posted: Aug 4, 2009 8:56 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Electronic Arts posts larger 1st-quarter loss, but adjusted results beat expectations
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EA 1Q loss widens but results surpass expectations NEW YORK — Changes in accounting for deferred revenue drove Electronic Arts Inc. to report a larger loss and lower sales for its fiscal first quarter amid a seasonal slump for the industry. But adjusted results soundly surpassed Wall Street's expectations, boosted by strong launches of such games as [...]

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