Game publisher EA's sales forecast tops estimates; shares rise

Game publisher EA's sales forecast tops estimates; shares rise

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/01/31/game-publisher-eas-sales-forecast-tops-estimates-shares-rise.html

Videogame publisher Electronic Arts' forecast fourth-quarter revenue above analysts' estimates as it expects to gain from the launch of its mixed martial arts title, "UFC 3," sending its shares up 6 percent in extended trading.

The third installment of the successful franchise is set to release later this week and is expected to make up for the underwhelming response to the "Star Wars" game, which was launched during the holiday season.