(Reuters) – Video gaming company Electronic Arts cut its forecast for fiscal year 2025 bookings on Wednesday, citing weakness across some sports titles.
The company’s shares fell nearly 7% in extended trading.
EA now expects annual net bookings in the range of $7 billion to $7.15 billion, down from its earlier forecast of between $7.5 billion to $7.8 billion.
Dragon Age and EA SPORTS FC 25 underperformed net bookings expectations in the third quarter, CEO Andrew Wilson said in a statement.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Sriraj Kalluvila)
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