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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.
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%.
Closing Bell Movers: Electronic Arts down over 10% on guidance cut
Check out this evening’s top movers from around Wall Street, compiled by The Fly. Invest with Confidence: Follow TipRanks' Top Wall Street
EA, Games and Soccer
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 months ahead.
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, its soccer franchise.
EA Says Bookings Slid on Weakness in Soccer, ‘Dragon Age’ Games
Dec. 31, missing forecasts of $2.4 billion to $2.55 billion due to the weak performance of two holiday video games.The Redwood City, California-based publisher, in a preliminary statement Wednesday, reduced projected bookings for the 2025 fiscal year to a range of $7 billion to $7.
EA says Dragon Age
Dragon Age: The Veilguard missed internal revenue expectations by nearly 50 per cent, EA says
The Veilguard' has missed the company’s internal expectations by nearly 50 percent, with roughly 1.5 million players having "engaged" with the title during the third quarter of the fiscal year.
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
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,
39m
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 ...
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 ...
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 ...
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 ...
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 ...
5h
Stifel Nicolaus Has Lowered Expectations for Electronic Arts (NASDAQ:EA) Stock Price
Electronic Arts (NASDAQ:EA – Get Free Report) had its price objective cut by equities researchers at Stifel Nicolaus from ...
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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