Electronic Arts Inc. (Nasdaq: ERTS) widened third quarter losses to 97 cents per share from 62 cents per share a year earlier despite higher revenue, announced the elimination of approximately 540 positions and lowered its full year outlook. Shares of the game publisher plunged $4.74 to $22.99.
Electronic Arts Widens Losses
October 31, 2008 at 14:41 PM EDT