EA's report card for the third quarter of its financial year has arrived, and the grade is better than analysts predicted. Revenue for the three month reporting period ending December 31st, 2011, rose 17 percent year-on-year to $1.65 billion USD, but this didn't lead to profitability: in the end, the mega-publisher posted an overall loss of $205 million USD. This is still much better than the $322 million USD loss EA posted for the same period last year.
Helping narrow the third quarter losses was a strong holiday 2011 shopping season bolstered by Battlefield 3 and FIFA 12 sales; both titles enjoy lifetime-to-date sales of 10 million units each. Madden NFL 12 did not disappoint either, with lifetime sales now sitting at nearly 5 million units.
According to EA, their high-profile (and high-costing) gamble in the PC MMORPG warzone, Star Wars: The Old Republic, scored sales of 2 million units in just under one month on the market. EA also confirmed that the title thus far enjoys 1.7 million active subscribers.
That said, EA is bracing for some cooling of momentum as it enters the fourth and final quarter for its financial year. The publisher forecasts Q4 revenues ranging from $925 million to $975 million USD, well below analysts' expectations.