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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 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 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,
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
3h
Bronstein, Gewirtz & Grossman, LLC Encourages Electronic Arts Inc. (EA) Investors to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / January 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on ...
7h
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
3h
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 ...
6h
Electronic Arts Inc. (EA) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK CITY, NY / ACCESS Newswire / January 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of ...
13h
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 ...
9h
EA shares plunge 19%, on track for worst day since dot-com bubble
Electronic Arts shares plummeted on Thursday after the video game publisher cut its forecast, due largely to challenges with its soccer franchise.
1d
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 ...
3h
on MSN
EA’s stock on pace for biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
It is clear that management believes the weakness in Global Football is ongoing,” and said EA’s tempered forecast “suggests to us that the company was caught ...
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