Reported 1 day ago
Electronic Arts (EA) reported lower than expected second-quarter bookings, falling to $1.82 billion, due to uncertain spending in its sports portfolio and tough comparisons to last year's successful release of 'College Football 25'. This marks EA's first results since its acquisition announcement by a group led by Saudi Arabia's Public Investment Fund for $55 billion. Despite some successes, including a strong debut of 'Battlefield 6', EA faces challenges in the competitive gaming market as it aims to maintain player engagement and spending.
Source: YAHOO