Tag Archives: EA Forecast Disappoints

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 »