Tag Archives: as Star Wars’ Game Success Proves Bittersweet

EA Forecast Disappoints as Star Wars’ Game Success Proves Bittersweet

Electronic Arts Inc’s quarterly revenue missed analysts’ estimates and the company did not raise its full-year forecasts as much as expected as the strong sales of the newly launched “Star Wars: Battlefront” proved to be bittersweet. Shares of Electronic Arts, which is known to issue conservative forecasts, tumbled 8 percent in after-hours trading on Thursday. The hotly anticipated first-person shooter ... Read More »