Electronic Arts (EA) Lowers Guidance
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Electronic Arts Pre-Announces Preliminary Q3 FY25 Results
January 22, 2025 4:05 PM ESTREDWOOD CITY, Calif.--(BUSINESS WIRE)-- Electronic Arts Inc. (NASDAQ: EA) today announced preliminary results for the third fiscal quarter and a revised outlook for the fiscal year ending March 31, 2025.
Business Outlook as of January 22, 2025
EAs initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings1. However, the company now projects a mid-single-digit decline, with Global Football accounting for the majority of the change.
Global Football had experienced two consecutive fiscal years of double-digit net bookings growth. However, the franchise experienced a slowdown as... More
