(CNBC) Electronic Arts slashed its full-year bookings guidance on Wednesday, blaming the shortfall on underperforming games, notably its soccer franchise, EA Sports FC. The shares dropped 7% in extended trading. For the fiscal third quarter, which ended Dec. 31, EA said it expects to report about $2.215 billion in net bookings, versus previous guidance of $2.4 billion to $2.55 billion.
EA shares drop 7% after company lowers guidance due to weakness
This entry was posted in Syndicated. Bookmark the permalink.
