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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 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
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%.
1h
EA shares dip nearly 20% after Dragon Age, FC 25 disappoint during the holidays
As of writing, shares of EA are trading for $115.80. Ahead of the announcement, the stock was changing hands at $142.35.
Money Morning
22h
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: How Risk Aversion Is Slowing It Down
Electronic Arts’ stock price declines due to tough market conditions. Learn why EA stock's current discount doesn’t fully ...
XCOM 2 Game Guide
11h
Dragon Age: The Veilguard failed to meet EA's expectations. Result is worse than expected by half
Electronic Arts revealed its financial report for the third quarter of the fiscal year. It explicitly admits that Dragon Age: ...
21h
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 ...
1d
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 ...
TweakTown
1h
Dragon Age Veilguard significantly underperformed, may have sold less than 1.5 million copies
Dragon Age Veilguard significantly missed EA's internal targets, and its full game sales apparently delivered less than 1.5 ...
17h
on MSN
What's Next for EA Stock After Thursday's 17% Plunge?
Shares in Electronic Arts traded tumbled Thursday after the video game publisher slashed its bookings outlook for fiscal 2025 amid softening demand for its sports games, including its prominent soccer ...
1d
on MSN
Electronic Arts says 'Dragon Age and EA Sports FC 25 underperformed' as it revises its financial outlook downward
Electronic Arts has revised its projected revenues for the 2025 fiscal year sharply downward in a preliminary financial ...
22h
on MSN
Tech, Media & Telecom Roundup: Market Talk
Find insight on Electronic Arts, consumer spending on videogames, Meta and more in the latest Market Talks covering ...
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