EA has revealed a reported loss of $308 million for Q3 2013, although digital revenues for the publisher have increased dramatically.
Overall revenue fell from around $922 million last year to $808 million this, although digital revenues increased from $321 million to $410 million this year. Digital revenue offered a stark contrast to that of packaged goods, with dropped from $568 million to $370 million in the same period of time.
The previous year's total revenue $3.96 billion became $3.66 billion twelve months later, with $175 million profit turning into $36 million loss. More details here.
"EA's third quarter marked an exciting start to a new generation of games," CEO Andrew Wilson said. "In addition to consoles, our mobile games, digital downloads and live services are growing year-over-year as we continue to deliver exciting new experiences to gamers around the world."
EA reported that they were the best-selling published on next-gen consoles, accounting for 35% of all PS4 and Xbox One sales. Mobile/handheld revenues are also said to have increased dramatically.