Videogame publisher Electronic Arts forecast quarterly net bookings below expectations and missed first-quarter estimates on Tuesday, hurt by high competition and muted spending by gamers, sending its shares down 3% after the bell.
Legacy videogame publishers such EA are not only struggling with slowing spending, but also fighting for top spots with new entrants like Warner…
This story from finance.yahoo.com was posted on 2023-08-02 by @arcticc.