Par AOF (Option Finance Agency)
Published
January 23 at 2:15 p.m.
(AOF) – Electronic Arts (EA) is expected to fall by more than 16% in pre-market trading on Wall Street after lowering its forecasts for 2025, citing the weakness of certain sports games. “Dragon Age and EA Sports FC 25 failed to meet expectations,” CEO Andrew Wilson said in a statement. The video game publisher, in its preliminary results released Wednesday, said it expected net revenue of about $2.22 billion in the third quarter, which is below the range of $2.4 billion to $2.55 billion it previously forecast.
Analysts on average expected $2.51 billion.
EA forecast earnings of $1.11 per share, in line with estimates. The American firm previously expected earnings per share of between 85 cents and $1.02.
-The American video game publisher, which initially expected growth of around 5% in its net bookings, is now forecasting a fall of around 5%, citing the recent slowdown in its “Global Football” business after two consecutive years of growth at double figures and the recruitment of 1.5 million players for its game “Dragon Age”, i.e. 50% less than expected.
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