Reported 1 day ago
Electronic Arts (EA) has announced that its forecast for second-quarter net bookings is below Wall Street expectations due to cautious spending by gamers in a tough economic climate. The company faces challenges particularly with its sports titles, as changes in return recognition for 'FC 26' and comparisons with last year's successful 'College Football 26' may pressure sales. EA expects bookings to be between $1.80 billion and $1.90 billion, below the anticipated $2.01 billion, while shares saw a small uptick in after-hours trading.
Source: YAHOO