Electronic Arts (EA) lowers FY25 revenue guidance on poor game sales performance

On January 22, 2025, EA gave a heads-up about its Q3 FY25 financial results. In this notification, EA mentioned that it is revising its projected total net bookings for fiscal year 2025. The third quarter is now anticipated to bring in approximately $2.215 billion in net bookings. Additionally, the estimated range for the entire fiscal year 2025 has been adjusted from $7 billion to $7.15 billion. This modification is because the company predicts a moderate decrease in sales, with Global Football being responsible for most of this change.