EA's share price plummets after reporting disappointing financial results

NinFan

EA's share price plummets after reporting disappointing financial results

Disappointing, ea, EA Sports FC 25, EA39s, Electronic Arts, Financial, industry, job, news, Nintendo Switch, plummets, price, reporting, results, , Simulation, Sports, Switch

EA
Image: EA

EA's share price fell slightly after the publisher announced it would revise its financial outlook following disappointing sales of EA Sports FC 25 and Dragon Age: The Veilguard.

In just one day, the company's share price fell by more than 16% from $142.35 to $118.58. Things are looking up somewhat at the time of writing, but it certainly marks one of the most volatile downturns in the company's history.

Despite this, EA has experienced a fluctuating share price over the years and, as it stands, its current value is still higher than it was in 2023. Still, it can't be a pretty sight for the big suits.

EA recently stated that EA Sports FC 25 experienced a “slowdown” in sales after strong initial momentum, while Dragon Age: The Veilguard fell short of initial expectations by around 50%.

EA share price
Picture: Google Finance

[image]

No doubt things will get back to normal in the coming days and weeks; those things always work though. However, the company currently has very little on the horizon, with just Split Fiction and Plants vs Zombies 3 listed on his 'Soon' website page.

Leave a Comment