Andrew Wilson Art Usa Strategy CEO Booking Sporting Updates electronic Andrew Wilson Art Usa

EA revises financial guidance due to EA Sports FC underperformance

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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.

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