EA released their quarterly numbers today for its fiscal third quarter that ended December 31, 2008. This release shows us that Mythic Entertainment's Warhammer Online: Age of Reckoning finished The third fiscal quarter of 2009 with more than 300,000 subscribers.

The details are as below:

EA Reports Third Quarter Fiscal Year 2009 Results
Quality Scores Rise in Calendar 2008

Cost-Reduction Initiatives to Result in Significantly
Lower Operating Expenses in Fiscal 2010

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ:ERTS) today announced preliminary financial results for its fiscal third quarter ended December 31, 2008.

Fiscal Third Quarter Results (comparisons are to the quarter ended December 31, 2007)

GAAP net revenue for the third quarter was 1.65 billion USD, up 151 million USD as compared with 1.50 billion USD for the prior year. During the quarter, EA had a net deferral of 88 million USD of net revenue related to certain online-enabled packaged goods games and digital content as compared with 231 million USD in the prior year.

Non-GAAP net revenue was 1.74 billion USD, as compared with 1.73 billion USD for the prior year. Sales were driven by FIFA 09, Rock Band™ 2, Need for Speed™ Undercover, Rock Band, Left 4 Dead™, Dead Space™, Madden NFL 09, LITTLEST PET shop, NBA Live 09 and Mirror's Edge™.

GAAP net loss for the quarter was 641 million USD, including certain charges, as compared with a net loss of 33 million USD for the prior year. Diluted loss per share was 2.00 USD as compared with diluted loss per share of 0.10 USD for the prior year. During the quarter, the Company recorded an estimated pre-tax goodwill impairment charge of 368 million USD related to its wireless business and a 244 million USD charge for a valuation allowance reserve on certain deferred tax assets.

Non-GAAP net income was 179 million USD as compared with non-GAAP net income of 290 million USD a year ago. Non-GAAP diluted earnings per share were 0.56 USD as compared with non-GAAP diluted earnings per share of 0.90 USD for the prior year.

Trailing-twelve-month operating cash flow was 82 million USD as compared with 267 million USD a year ago. The Company ended the quarter with cash and short-term investments of 2.0 billion USD.

"Our holiday quarter came in below our expectations and we have significantly reduced our financial outlook for fiscal 2009, a clear disappointment," said John Riccitiello, Chief Executive Officer. "We delivered on game quality and innovation in calendar 2008, with 13 titles rated 80 or above -- more than any third-party publisher. We expect to build on this great quality record in the year ahead while delivering more profitability."

As a part of an overall cost reduction program, the Company is reducing its workforce by approximately 11%, or 1,100 people, closing 12 facilities, narrowing its product portfolio and cutting other variable costs. The Company expects to incur total restructuring charges, including severance and facility closures, of 65 to 75 million USD, which will be recorded over the next twelve months.

"Given our recent performance and the current economic environment, we are aligning our cost structure with a lower projection of revenue, resulting in approximately 500 million USD of operating expense reductions in fiscal 2010 as compared with our previous plans," said Eric Brown, Chief Financial Officer.