EA first quarter net profit 201 million US dollar fell 9%

Sina Science and technology news Beijing time August 1 morning, EA released today the first fiscal year 2013 financial results. The report showed that EA's first quarter net revenue was $955 million, down from $999 million a year earlier, with a net profit of $201 million, down 9% from the 221 million dollar period last year.　　EA's first-quarter adjusted net loss was slightly better than Wall Street analysts had expected, boosting its share price by more than 3% per cent. In the quarter ended June 30, EA net profit was $201 million trillion, earning 63 cents a share, less than a year earlier. In the first quarter of fiscal year 2012, EA net profit was 221 million U.S. dollars, earning 66 cents per share. Excluding certain one-off items and deferred revenue from a particular video game, EA's first quarter adjusted net loss of $130 million trillion and 41 cents per share, a better performance than analysts had expected.　　Analysts are expected to lose 42 cents per share in the first quarter of EA, according to FactSet Research, a financial information provider. EA first quarter net revenue of 955 million U.S. dollars, lower than the same period last year, 999 million U.S. dollars. Not in accordance with U.S. general accounting standards, EA first quarter adjusted revenue to 491 million U.S. dollars, lower than the same period last year, 524 million U.S. dollars, less than analysts had expected.　　FactSet Research survey shows that analysts expect EA's first quarter revenue to be 502 million dollars. EA announced that the board of directors had approved a stock repurchase plan, allowing the company to buy back more than $500 million worth of EA common stock.　　Under the scheme, EA may repurchase shares in the open market, or repurchase by private bargaining activities in accordance with securities law, and the time and actual amounts will be based on price, availability of capital, regulatory requirements, investment opportunities and other market conditions. EA earlier today announced the appointment of Yahoo's former CFO Black Jogensen (Blake Jorgensen) as executive vice president and CFO of the company, reporting directly to CEO John Rickstiro (John Riccitiello).　　Jorgensen will be in early September, mainly responsible for the global financial operations of EA, he graduated from Stanford University in 1982, received a degree in economics, and in 1998 received an MBA from Harvard Business School. EA also announced before the close that the company's game "Star Wars: The Old Republic" (Star Wars:the OID Republic) will provide a free version this fall, this version of the player will be able to experience the Star Wars eight role plot, the highest can rise to 50.　　The game will be available in August for $14.99, including one-month free subscriptions. EA expects, in the second quarter of fiscal year 2013 as of September 30, Company net revenue of about 650 million U.S. dollars to 700 million U.S. dollars, not according to the U.S. General accounting standards of net revenue of about 1.05 billion U.S. dollars to 1.1 billion U.S. dollars, a loss of 1.36 U.S. dollars to 1.43 U.S. dollars, not according to the U.S. General accounting standards of earnings per share estimated to be about 0.07 U.S. dollars to 0.12 U.S. dollars. EA also predicted that　　Fiscal year 2013 net revenue is about 3.9 billion US dollars to 4.05 billion dollars, not according to the U.S. General accounting standards of net revenue of about 4.1 billion U.S. dollars to 4.25 billion U.S. dollars, earnings per share of about 0.17 U.S. dollars per share of earnings of 0.05 U.S. dollars, not according to the U.S. General accounting standards of earnings per share is expected to be about 1.05 U.S. dollars to 1.20 U.S. dollars. On the same day, EA fell 0.23 U.S. dollars in conventional Nasdaq trading and closed at $11.00, or 2.05%. EA shares rose 0.35 US dollars to 11.35 U.S. dollars, or 3.18%, in a subsequent trading transaction up to 16:12 (4:12 Beijing time, August 1). Over the past 52 weeks, EA has the highest price of 26.13 U.S. dollars, the lowest price of 10.86 U.S. dollars. (Tangfeng)