EA's tepid forecast overshadows quarterly beat, shares slip

EA's tepid forecast overshadows quarterly beat, shares slip

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-electronic-arts-results/eas-tepid-forecast-overshadows-quarterly-beat-shares-slip-idUSKBN1ZT323

Electronic Arts Inc forecast fourth-quarter adjusted revenue below analysts' estimates, weighed down by the delayed launch of its basketball title "NBA Live", while its "Apex Legends" battles "Fortnite" and "PUBG" to attract young gamers.