Roblox And Electronic Arts Are Struggling With Muted Player Spending [Yahoo! Finance]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
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Source: Yahoo! Finance
due to an uncertain economic outlook and persistently high inflation. Upon the report, the shares of the metaverse giant slid more than 20% in early trading and closed 22% lower on the day. Earlier this week, Electronic Arts Inc (NASDAQ: EA ) also provided a lackluster revenue forecast for the full year. Electronic Arts- miss and soft guidance. Electronic Arts slightly missed revenue and earnings estimates with its latest quarterly results. With a revenue drop of 5.1% YoY, Electronic Arts posted sales of $1.78 billion. But while Electronic Arts reported a loss of $0.04 per share for last year's comparable quarter, it now posted GAAP profit of $0.67 per share. All in all, there weren't many positives in the latest quarterly results that Electronic Arts posted as besides having a tough quarter, the video game publisher also announced more challenges lie ahead. Roblox also cut its forecast The metaverse giant guided for full-year bookings in the range from $4 billion to $4.10 bil
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News
- Unpacking Q1 Earnings: Electronic Arts (NASDAQ:EA) In The Context Of Other Video Gaming Stocks [Yahoo! Finance]Yahoo! Finance
- Borderless AI Appoints Former Chime HR Executive Beth Steinberg to Board of Advisors to Build on Global HR Expertise [Yahoo! Finance]Yahoo! Finance
- Memorial Day Week: Stocks to Buy and Sell [Yahoo! Finance]Yahoo! Finance
- EA SPORTS FC™ FUTURES Announces Partnership With UNICEF and Shares Year One Impact [Yahoo! Finance]Yahoo! Finance
- EA SPORTS FC™ FUTURES Announces Partnership With UNICEF and Shares Year One ImpactBusiness Wire
EA
Earnings
- 5/7/24 - Miss
EA
Sec Filings
- 5/22/24 - Form 4
- 5/22/24 - Form 4
- 5/22/24 - Form 144
- EA's page on the SEC website