EA sees second quarter loss, Titanfall staying Microsoft exclusive
EA has announced a net loss for the second quarter that ended in September.
The publisher lost $273 million from July to September and saw a 2 percent decline in net revenue. Total revenue reported was $695 million, 11.2 percent above what the company projected.
Excluded from the non-Generally Accepted Accounting Principles was the $40 million settlement from the college football lawsuit.
The company projects to make $775 million in net revenue for the next quarter.
Meanwhile, EA also announced that Titanfall will remain an exclusive for Xbox One, Xbox 360 and PC “for the life of the title”, according to EA CFO Blake Jorgensen. The game is set to launch March 11.