Electronic Arts Inc. (ERTS.O: Quote, Profile, Research posted a wider quarterly loss on Tuesday and forecast fiscal-2008 adjusted profit below expectations, saying its widely anticipated video game, "Spore," could be delayed.Shares of the world's biggest video game publisher fell 3 percent in extended trading.
The company, which sells games like "Madden," "Need for Speed" and "The Sims," forecast adjusted profit of 90 cents to $1.20 per share for the year, compared with analysts' average target of $1.31. It forecast a net loss for fiscal 2008.
Redwood City, California-based Electronic Arts said it taken out "Spore," a game where players build organisms from scratch, from its financial projections for the fiscal year ending in March 2008, adding that the game could be delayed until fiscal 2009.
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