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.

EA's tepid forecast overshadows quarterly beat, shares slip

Jan 31, 2020, 1:18am UTC
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.