Game Publisher Ea Issues Grim Outlook

Summary


SAN JOSE - Stuck in an industrywide waiting game and faced with a high tax bill, video game publisher Electronic Arts Inc. swung to a loss in its fiscal fourth quarter and issued an outlook well below Wall Street expectations on Wednesday.

The world's largest video game publisher said it lost $16 million, or 5 cents per share, for the three months ended March 31. In the year-ago period, the company posted a profit of $8 million, or 2 cents per share.

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Game Publisher Ea Issues Grim Outlook

Revenue climbed to $641...

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