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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.
Soccer Comes Up Short for Electronic Arts
Electronic Arts was hoping for a big year with the release of its soccer title, EA Sports FC 2025. But it got mixed reviews and EA ditched the "FIFA" branding. Sales of the game and of "Dragon Age: The Veilguard" failed to meet expectations in the quarter.
EA says EA Sports FC 25 and Dragon Age
Electronic Arts says 'Dragon Age and EA Sports FC 25 underperformed' as it revises its financial outlook downward
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EA lost $6 billion in market value, following FC 25 & Dragon Age underperformance news
By Thursday, the publisher had lost $6 billion from its market value of $37.3 billion, following the pre-earnings news. EA FC generates around $2 billion annually, Reuters reports, with around $800 million of that made up by Ultimate Team.
Electronic Arts lowers its financial forecast after EA Sports FC 25 and Dragon Age: The Veilguard “underperform”
Electronic Arts announced that it will be lowering its 2025 financial forecast. The decision was made after EA Sports FC and Dragon Age: The Veilguard failed to meet the videogame company’s projections.
Sportico on MSN
18h
EA Sports FC 25 Flop Spooks Investors, Sinks Stock Price
Electronic Arts stock fell 16.7% on Thursday—the largest drop for a single day since 2008—after the video game company ...
1d
Electronic Arts cuts FY25 net bookings view to $7B-$7.15B from $7.5B-$7.8B
Consensus $7.66B. “During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA ...
IGN
7d
EA Sports FC 25: Latest Update Brings Major Changes to Gameplay Systems, Goalkeeper Effectiveness, and More
Our Gameplay Refresh Update is now available for all versions of EA SPORTS FC 25. Read the full Gameplay Refresh Update ...
1d
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
Levi & Korsinsky Reminds Electronic Arts Inc. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - EA
NEW YORK, NY / ACCESS Newswire / January 24, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Electronic ...
1d
on MSN
Electronic Arts sinks 14% after bookings guidance cut; analysts issue downgrades
Electronic Arts slumped sharply after the video game maker cut its bookings guidance for the third quarter and the full year following weaker demand for its soccer franchise, EA Sports FC, and ...
player.one
1d
Electronic Arts Lowers Financial Forecast Following 'Underperformance' of 'Dragon Age: The Veilguard,' 'EA Sports FC 25'
Electronic Arts announced that it was lowering its financial forecast for the current fiscal year following the underperformance of two games.
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