EA has revealed its Q2 financials today and it looks like better news for shareholders. The publisher has exceeded revenue expectations and increased its market share on PC, PlayStation 3 and Xbox 360.
The publisher is still making a loss, but its going in the right direction at least. Losses were down to $201 million for the quarter ending September 30, compared to $391 million this time last year.
It's the number one publisher on PlayStation 3 and Xbox 360 with a 25 per cent segment share. That's two points higher than over the same period last year. It's on top in the PC sector too, with a 27 per cent slice of the pie.
The key games behind the improved figures? FIFA 11 was the biggest selling title in Europe for the period shifting eight million units, and Medal of Honor got off to a strong start too, selling two million copies. Battlefield: Bad Company 2 has performed well too, hitting the six million mark. That's twice as much as the original managed.
"We had another strong quarter, beating expectations both top and bottom line," said EA CEO John Riccitiello. "We credit our results to blockbusters like FIFA 11 and to innovative digital offerings like The Sims 3 Ambitions and Madden NFL 11 on the iPad."
Analysts recently hailed 2010 as a poor year for the publisher. Looks like they might have been a little wide of the mark.