EA's tepid forecast overshadows quarterly beat, shares slip
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.