Electronic Arts Inc.

News and overview for Electronic Arts Inc.

Electronic Arts sets 1,500 job cuts as losses grow - MarketWatch
MarketWatch | 11 days 10 hours 56 minutes ago
However, the results outpaced most Wall Street estimates and the video-game publisher's stock rose 2% in after-hours trading, after the company said it would lay off about 1,500 workers in a cost-reduction effort designed to trim about $100 million a year from the company's expenses.


Need for Speed SHIFT Revs up with All-New Team Racing Mode and Legendary Cars [Press Release]
Business Wire | 17 hours 38 minutes ago
Electronic Arts Inc. (NASDAQ: ERTS) today announced an all-new Team Racing pack for the critically-acclaimed Need for Speed SHIFT™. The content pack takes online racing to the next level with an action-packed new race mode and five renowned racing cars - all for free (Need for Speed SHIFT and Xbox LIVE® or PlayStation®Network account required). The Team Racing pack is the first downloadable content for Need for Speed SHIFT and will be available worldwide on December 1st on the Xbox 360® video...


BioWare Announces New Return to Ostagar Downloadable Content for Dragon Age: Origins [Press Release]
Business Wire | 1 day 15 hours 30 minutes ago
Leading video game developer BioWare™, a division of Electronic Arts Inc. (NASDAQ:ERTS), announced today that the Return to Ostagar downloadable content (DLC) for Dragon Age™: Origins will be available for the Xbox 360® videogame and entertainment system, the PlayStation®3 computer entertainment system and PC versions this Holiday season in North America and Europe. The DLC pack, Return to Ostagar, allows players to exact their revenge and embark on a quest for the mighty arms and armor of th...


NCAA Basketball 10 From EA Sports in Stores Now [Press Release]
Business Wire | 2 days 18 hours 30 minutes ago
Electronic Arts Inc. (NASDAQ:ERTS) announced today that NCAA® Basketball 10, developed under the EA SPORTS™ brand, is now available in stores for the PlayStation®3 computer entertainment system and Xbox 360® video game and entertainment system from Microsoft. NCAA Basketball 10 unearths the core of college basketball with an all-new strategic motion offensive system, innovative broadcast presentation, and the excitement, emotion, and pageantry that makes the college game unique.


EA Reports Record Q2 Non-GAAP Net Revenue of $1.15 Billion [Press Release]
Business Wire | 11 days 11 hours 29 minutes ago
Electronic Arts Inc. (NASDAQ:ERTS) today announced preliminary financial results for its second quarter ended September 30, 2009.


Take Your Sims to Real-World Inspired Locations When EA s The Sims 3 World Adventures Launches This Week [Press Release]
Business Wire | 3 days 19 hours 30 minutes ago
The Sims are off on an adventure of a lifetime! The EA Play Label of Electronic Arts Inc. (NASDAQ:ERTS) today announced that The Sims™ 3 World Adventures Expansion Pack*, the first expansion pack to the best-selling PC game of calendar 2009**, The Sims 3, is available at retail nationwide and for digital download today for the PC and Mac. The game will be in stores worldwide in 60 countries and in 22 languages this week.


Get Fit for the Holidays With EA SPORTS Active More Workouts [Press Release]
Business Wire | 3 days 18 hours 30 minutes ago
People around the world have experienced the revolution in interactive fitness with EA SPORTS Active™ Personal Trainer, the critically acclaimed and effective circuit style exercise program that gives you the benefit of a personal trainer in a box. Today, EA SPORTS™, a label of Electronic Arts Inc. (NASDAQ:ERTS), announced that EA SPORTS Active™ More Workouts is now available in North American retail stores and will be available worldwide on November 20th, 2009. Developed exclusively for the ...


Visceral Games Invites Players to Tear Open the Gates of Hell with Dante s Inferno Demo [Press Release]
Business Wire | 10 days 17 hours 30 minutes ago
Spend the holidays in hell! Visceral Games™, the award-winning developers behind the critically-acclaimed Dead Space™ franchise and a studio of Electronic Arts Inc. (NASDAQ:ERTS), today announced a demo for Dante’s Inferno™. Coming this December, the ‘Gates of Hell’ demo includes the entire opening level and gives gamers a taste of Visceral Games’ blockbuster adaptation of Dante Alighieri’s epic poem, The Divine Comedy.


EA to Present at the BMO Digital Entertainment Conference on November 12 [Press Release]
Business Wire | 15 days 11 hours 20 minutes ago
Electronic Arts Inc. (NASDAQ:ERTS) today announced that Eric Brown, Chief Financial Officer, will present at the BMO Capital Markets 17th Annual Digital Entertainment Conference on Thursday, November 12, 2009 in New York, NY. During the course of this event, Electronic Arts may disclose material developments affecting its business and/or financial performance.


CBS makes another big bet on mixed martial arts - MarketWatch
MarketWatch | 15 days 10 hours 11 minutes ago
While CBS ran a couple of other cards earlier this year with the now-defunct EliteXC that featured Internet street-brawling sensation Kimbo Slice that drew high ratings, the coming event seeks to take things to a whole other level by rolling out quality competitors backed by scads of promotional and ad dollars.


Weak report, job cuts hit EA shares - MarketWatch
MarketWatch | 10 days 13 hours 29 minutes ago
EA shares gave up $1.37 to fall to $18.15 following the company's late-Monday report and restructuring plans. The company said layoffs equal about 17% of the company's current workforce, with 900 positions being cut from the game development units.


EA SPORTS MMA to Feature STRIKEFORCE as a Premier League [Press Release]
Business Wire | 14 days 13 hours 30 minutes ago
Electronic Arts Inc., (NASDAQ:ERTS) announced today that STRIKEFORCE, a world-class mixed martial arts fight promotion, will be featured as a premier league in the upcoming EA SPORTS™ MMA video game. In addition, Brett Rogers and Jake Shields, both of whom will be competing in the STRIKEFORCE and M-1 Global co-promoted fight on November 7 (broadcasted live by CBS), join the EA SPORTS MMA roster of fighters.


Spore Franchise Launches First Game on Facebook Platform [Press Release]
Business Wire | 15 days 19 hours 30 minutes ago
Maxis™, an Electronic Arts Inc. (NASDAQ: ERTS) studio, today announced they have taken their renowned integration of social connectivity to the next level with a fun and original game application built on Facebook® Platform, Spore™ Islands. Now available, Spore Islands invites Facebook users to experience the Spore universe in a new way by competing against each other in the ultimate survival of the fittest game.


GameStop earnings rise 12% in third quarter - MarketWatch
MarketWatch | 1 day 18 hours 16 minutes ago
Sales rose 8.2% to $1.83 billion. Same-store sales fell 7.8%, mostly because of slower sales of new video-game hardware.





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Company Overview


Company: Electronic Arts Inc.
Industry: Entertainment & Games Software
Website: http://www.ea.com

Electronic Arts (EA) has a knack for the craft of creating video games. EA is a leading video game publisher, with popular titles such as "Madden NFL", The Sims, Need for Speed, Spore, and Medal of Honor. It also distributes titles for third-party labels (including Rock Band) and publishes games based on Hollywood franchises such as The Lord of the Rings, The Godfather, Harry Potter, and Batman. EA develops its games for PCs and console systems and portable devices from Sony, Nintendo, and Microsoft. In early 2008 the company offered $2 billion to purchase Take-Two Interactive, publisher of the Grand Theft Auto franchise; Take-Two rejected the offer.


Key Numbers

Sales in U.S. Dollars (mil.) 4,212 (2009)
One-year % Growth in Sales 14.9 (2009)
Net Income in U.S. Dollars (mil.) -1,088 (2009)
One-year % Growth in Net Income 0.0 (2009)
Number of Employees 9,100 (2009)
One-year % Growth in Number of Employees 1.1 (2009)
Fiscal Year-End March