Electronic Arts (EA) Q1 Earnings and Revenues Decline Y/Y
EAElectronic Arts(EA) ZACKS·2024-07-31 23:35

Electronic Arts (EA) reported first-quarter fiscal 2025 earnings of 52 cents per share, which declined 54.4% year over year. Revenues decreased 13.7% year over year to 1.26billionduetoweaknessinLiveservicesandfullgamerevenues.TheZacksConsensusEstimateforearningswaspeggedat43centspershare.Theconsensusmarkforrevenueswaspinnedat1.26 billion due to weakness in Live services and full-game revenues.The Zacks Consensus Estimate for earnings was pegged at 43 cents per share. The consensus mark for revenues was pinned at 1.215 billion.Net bookings for the fiscal first quarter were $1.262 billion, down 20% year over year in both actual and constant currency. Full-game ne ...