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Electronic Arts stock falls after cut to bookings outlook
Electronic Arts (EA) stock tumbled 15% on Thursday after the game publisher said quarterly bookings fell to roughly $2.22 billion, missing analyst expectations.
The decline was due to the poor performance of two of its video games: soccer title “EA Sports FC 2025” and “Dragon Age: The Veilguard.” Both of those missed bookings expectations.
The company cut its bookings outlook for the 2025 fiscal year to a range of $7 billion to $7.15 billion.
EA is expected to release its complete results on Feb. 4.
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