US publishing giant Electronic Arts has revised down its financial forecast for this fiscal year.
In a release to investors, the company said that this was due to both EA Sports FC and Dragon Age: The Veilguard not meeting expectations. EA was previously expecting a mid-single-digital increase in net bookings for its live service business, but is now predicting a single-digit decline.
The firm added that the majority of this revision is down to EA Sports FC 25, which despite having seen two years of double-digit growth saw its momentum stall in Q3. EA also says that Dragon Age: The Veilguard brought in 1.5 million players during the last quarter, 50 per cent less than it had expected.
EA reckons it'll bring in around $2.215 billion in net bookings for Q3.
“During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA Sports FC 25 underperformed our net bookings expectations,” EA CEO Andrew Wilson said.
“This month, our teams delivered a comprehensive gameplay refresh in addition to our annual Team of the Year update in FC 25; positive player feedback and early results are encouraging. We remain confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline.”
EA CFO Stuart Canfield added: “We continue to balance investment for future growth with operational discipline, and remain committed to EA’s long-term financial framework. As we look to FY26, we expect to grow as we launch more of our iconic franchises.”
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