EA suffers Q2 losses; FIFA and Madden standout performers
EA's second fiscal quarter performance was hit with highs and lows. While the company reported a net loss of $340 million for the period ending September 30, 2011, EA did announce that it had shipped "nearly" eight million units of FIFA 12, which makes up half of the game's 16 million ship-to-date lifetime. Sales for the franchise has jumped 25 percent, year-over-year, EA reports.
Net revenue for the company was up to $715 million; however, EA's bottom line did not improve versus the same period last year where it reported a net loss of $201 million. In Q2 2011, EA's operating costs for research and development and marketing and sales jumped versus last year. Combined costs in 2010 were reported at $252 million, whereas 2011 was tagged at $374 million.

"Thanks for that, was just going to ask how do they stay solvent. "
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