💨 Abstract

Electronic Arts (EA) has reduced its forecast for annual bookings due to weak performance in its soccer franchise, with the EA Sports FC 25 underperforming expectations. This is despite gamers preferring long-running online games during economic downturns. EA's shares dropped nearly 11% as a result. The company expects fiscal 2025 net bookings to be between $7 billion and $7.15

Courtesy: theprint.in

Summarized by Einstein Beta 🤖