EA reports Q2 net bookings down 13% YoY to $1.82B, vs. $1.88B est., and says it will no longer issue forward-looking financial guidance due to its $55B sale (Jennifer Maas/Variety)
NegativeArtificial Intelligence

Electronic Arts (EA) has reported a 13% decline in net bookings year-over-year, totaling $1.82 billion, which fell short of the $1.88 billion estimate. This downturn is significant as it reflects challenges in the gaming industry and EA's decision to stop providing forward-looking financial guidance amid a massive $55 billion sale. This shift raises concerns about the company's future performance and investor confidence, making it a crucial moment for stakeholders to watch.
— Curated by the World Pulse Now AI Editorial System

