Cristiano Ronaldo-backed UFL plans to launch a PC edition in summer and a mobile version next year, the CEO behind the studio that made the soccer videogame said, looking to take advantage of a slowdown at industry leader Electronic Arts.
EA's fiscal third-quarter performance is expected to have benefited from steady demand for sports franchises amid intensifying competition.
Electronic Arts (EA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EA's preliminary Q3 2025 results led to a 17% stock plunge, with a full-year revenue outlook cut from $7.5 to 7.7% to $7 - $7.15. The challenging economics of the video gaming industry has led to the risk aversion of its participants thwarting the innovation needed to revitalize the industry. Increased competition from substitute products has further exacerbated the video gaming industry's problems as people are spending more on activities that compete with playing video games.
Shares in Electronic Arts (EA) traded sharply lower on Thursday after the video gamer publisher slashed its full-year bookings outlook amid softening demand for its sports games, including its prominent soccer franchise.
Electronic Arts (EA) shares plunged 17% Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
Major U.S. equities indexes moved higher as investors absorbed the latest round of corporate earnings reports and announcements from the new presidential administration.
While some analysts downgraded Electronic Arts shares, others found reasons to stay optimistic.
Wall Street analysts are scrambling to downgrade Electronic Arts Inc (NASDAQ: EA) this morning after the company's management trimmed its outlook for full-year bookings.
Is it game over for Electronic Arts (EA -16.82%)? Shares of the video games mogul crashed 17.5% through 11:55 a.m.
Electronic Arts shares plummeted on Thursday after the video game publisher cut its forecast. The company said its soccer franchise "underperformed our net bookings expectations.
EA stock is spiraling Thursday after video game maker Electronic Arts released preliminary quarterly numbers and lowered its full-year bookings guidance.