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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
Electronic Arts Stock Poised To Open At Over 1-Year Low After Lowering Outlook On Weak Football Game Franchise: Retail Keeps Faith
Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.
EA cuts 2025 bookings forecast
EA Stock Slides After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA Sports FC" titles that previously carried the FIFA name. In premarket action,
EA cuts 2025 bookings forecast as prominent soccer title stumbles
Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness across its established soccer franchise, sparking concerns over a slowdown in the key division and sending its shares tumbling nearly 11%.
EA Cuts 2025 Bookings Forecast, Shares Fall
Video gaming company Electronic Arts cut its forecast for fiscal year 2025 bookings on Wednesday, citing weakness across some sports titles. The company's shares fell nearly 7% in extended trading. EA now expects annual net bookings in the range of $7 billion to $7.
EA says Dragon Age
Dragon Age: The Veilguard pulled in 1.5 million players but still missed EA sales expectations by nearly half
Publisher Electronic Arts (EA) and developer BioWare's latest role-playing game, Dragon Age: The Veilguard, grabbed around 1.5 million players, but missed EA's expectations by almost 50%. That comes via a preliminary earnings report from EA,
EA says ‘Dragon Age: The Veilguard’ sales were 50% lower than expectations
EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings. However, the company now projects
EA Reveals Dragon Age: The Veilguard Missed Sales Targets
The Veilguard did not meet sales expectations, as revealed by publisher Electronic Arts. The action RPG from BioWare, released at the end of October last year, broke the concurrent player record for a game from the developer at launch,
1h
on MSN
Electronic Arts' SWOT analysis: gaming giant faces challenges amid stock shifts
Electronic Arts (NASDAQ:EA), a leading developer and publisher of interactive entertainment software with a market ...
9h
on MSN
Why Electronic Arts Stock Just Crashed 17%
Wall Street analysts expected EA to earn at least $1.15 per share in fiscal Q3, but the actual news will be worse. To get ...
Money Morning
5h
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
5h
on MSN
EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
After some two years of strong growth, Electronic Arts Inc.’s key soccer-gaming segment is struggling to keep up the momentum. And despite good reviews, its role-playing game “Dragon Age: The ...
1h
on MSN
EA shares slump after soccer game misses goal
Electronic Arts shares sank more than 15 per cent on Thursday, tripped up by a surprise slowdown in spending on the soccer ...
17h
Electronic Arts (EA) was downgraded to a Hold Rating at Raymond James
Electronic Arts (EA – Research Report) received a Hold rating and price target from Raymond James analyst Andrew Marok today. The company’s ...
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