EA more optimistic than ever as gaming boom intact, for now
FILE PHOTO: An Electronic Arts office is shown in Los Angeles, California, U.S., July 27, 2020. REUTERS/Mike Blake 05 Aug 2021 04:09AM (Updated: 05 Aug 2021 06:00AM)
:Electronic Arts Inc on Wednesday forecast current-quarter adjusted sales above estimates, as the videogame publisher bets on a strong performance from mainstay titles like FIFA 21 and Apex Legends , sending its shares up nearly 5per cent.
Redwood City, California-based EA also raised its annual sales forecast, but that missed estimates, ahead of a likely slowdown in gaming as world economies inch back to normal, enticing gamers to ditch their consoles and step outside.
Electronic Arts : EA pins hopes on new mobile games as lockdown boost fades
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Apex Legends creator EA forecasts quarterly sales above estimates
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EA pins hopes on new mobile games as lockdown boost fades
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