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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Key Takeaways Electronic Arts shares are tumbling 15% in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.The company projected net bookings to be $2.
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 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 Stock Stumbles
EA Stock Plunges. Why the Videogame Maker Is Catching Downgrades.
Investors showed Electronic Arts stock a red card on Thursday after the videogame maker warned of slowing demand for its soccer-related titles. Shares in the “Madden NFL” publisher plummeted 15% to $121.
EA Stock Stumbles 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
By Arsheeya Bajwa (Reuters) -Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness in its established soccer franchise, sparking concerns over a slowdown in the key sports division and sending shares tumbling nearly 11%.
EA says EA Sports FC 25 and Dragon Age
EA stock falls 16% after lowering forecast on FC 25, Dragon Age underperformance; analysts cut rating (update)
Game publisher Electronic Arts (EA) dipped 9% in Wednesday's after market trading after it cut full-year forecast for net bookings, hurt by the underperformance of EA SPORTS FC 25 and Dragon Age games.
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
EA says EA Sports FC 25 and Dragon Age: The Veilguard "underperformed" as it lowers financial forecast
EA has lowered its financial forecast for its current fiscal year, pointing to the 'underperformance' of EA Sports FC 2025 - which it says accounts for the "majority" of the shortfall - alongside lower-than-expected interest in Dragon Age: The Veilguard.
1h
These Analysts Cut Their Forecasts On Electronic Arts After Preliminary Q3 Results
Electronic Arts Inc EA reported preliminary financial results for the third quarter on Wednesday. EA said it previously ...
2h
Those who invested in Electronic Arts (NASDAQ:EA) five years ago are up 30%
We doubt the modest 0.5% dividend yield is attracting many buyers to the stock. On the other hand, Electronic Arts' revenue ...
16h
on MSN
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, ...
ReadWrite
1h
EA shares take a tumble after future outlook is changed due to weakness in soccer games
The video game company Electronic Arts (EA) saw its shares drop after hours on Wednesday after it slashed its outlook for the ...
16h
Electronic Arts Stock Is Sliding After The Close: What's Going On?
Electronic Arts shares are moving lower in after hours Wednesday after the company reported preliminary financial results for ...
Shacknews
10h
Electronic Arts (EA) lowers FY25 revenue guidance on poor game sales performance
EA has made a pre-announcement regarding the company’s performance for its Q3 FY25 earnings report. The company expected ...
GamesIndustry
3h
EA revises FY2025 and Q3 guidance due to underperformance across two franchises
Electronic Arts has revised its full year guidance for FY2025 following due to EA Sports FC 25 and Dragon Age: The ...
ExtremeTech on MSN
1d
EA to Sunset Origin Launcher This April
Electronic Arts (EA) has announced the end of Origin, its 14-year-old game launcher. The company will sunset Origin this ...
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