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article imageEA’s Q3 financials beat forecasts, Promise to increase support for Nintendo

By guj_*     Feb 2, 2007 in Technology
World famous video game publisher Electronic Arts has revealed its Quarter 3 financial results.
World famous video game publisher Electronic Arts has revealed its Quarter 3 financial results. Their results have beaten analysts estimates but net income dropped 62 percent in comparison to the same period last year. CEO Larry Probst commented that EA will also SIGNIFICANTLY increase their support for Nintendo platforms in the future.
"Operating income was also down, to USD215 million (Euro 165m) from USD347 million (Euro 266.5m) a year prior.
Sales were in line with EA’s previous guidance of USD1.2 – $1.3 billion for the quarter.
EA chairman and CEO Larry Probst said: “We are pleased with the performance of our products on next-generation consoles. In the year ahead, we plan to build on our leadership position on both the Xbox 360 and the PlayStation 3, and to significantly increase our support for the Nintendo platforms.”
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