Video game maker Electronic Arts (NSDQ: ERTS) reported revenue of $1.5 billion in its critical quarter ending December 31, up 17 percent year-on-year from $1.28 billion. But the company swung to a net loss of $33 million (-$.10/share) from a profit of $160 million ($.50 per share), which it attributed to a shift in how it recognized revenue and a $78 million restructuring charge. Not surprisingly, the company said it saw strong volume in its Rock Band and Madden titles, among others, but it was also hit by product delays. Given the delays, the company lowered its profit guidance, calling for more one-time charges next quarter.

Earnings release