💨 Abstract

Electronic Arts (EA) forecasts lower than expected fourth-quarter bookings due to decreased spending on its soccer franchise. The company also announced a $1 billion share repurchase plan and is confident of growth in FY26. The slowdown is attributed to weak in-game spending for "FC 25" and underperformance of the new Dragon Age title amid high inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖