Thursday, May 04, 2006

Electronic Arts Swings To Loss

Electronic Arts Inc. (ERTS) disappointed with fourth quarter losses of 5 cents per share compared with earnings of 2 cents per share last year. The game maker also forecast lackluster results for 2006 as customers delay game purchases until new game consoles are available. The stock price plummeted $5.95 to close at $48.55.

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