Electronic Arts misses second-quarter bookings estimates
Reuters
Oct 29
Electronic Arts misses second-quarter bookings estimates
Oct 28 (Reuters) - Electronic Arts EA.Omissed Wall Street expectations for second-quarter bookings on Tuesday, weighed down by uncertain spending on its core sports portfolio, while the videogame publisher bets big on the new "Battlefield 6" title.
The company reported bookings of $1.82 billion, compared with the estimates of $1.88 billion, according to data compiled by LSEG.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Anil D'Silva)
((Zaheer.Kachwala@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.