business / markets
6 hours ago

EA Reports Major Financial Setback as Dragon Age: The Veilguard Underperforms

EA Reports Major Financial Setback as Dragon Age: The Veilguard Underperforms
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7 Highlights
  • EA revises 2025 revenue projections from $7.4–7.7B to $7–7.15B.
  • Sales for 'Dragon Age: The Veilguard' fell 50% short of expectations.
  • EA Sports FC 25 experiences slower growth in global football market.
  • EA anticipates mid-single-digit decline in live service net bookings.
  • EA shares dropped after financial report and reduced revenue forecast.
  • CEO Andrew Wilson remains confident in EA's long-term strategy.
  • EA targets fiscal growth recovery by 2026 with mid-term focus.
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