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EA's tepid forecast overshadows quarterly beat, shares slip

FILE PHOTO: The Electronic Arts Inc., logo is displayed on a screen during a PlayStation 4 Pro
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(Reuters) - Electronic Arts Inc forecast fourth-quarter adjusted revenue below analysts' estimates, weighed down by the delayed launch of its basketball title "NBA Live", while its "Apex Legends" battles "Fortnite" and "PUBG" to attract young gamers.Shares of the Redwood, California-based company fell about 2% after the bell on Thursday. EA is working with a partner in China to bring its..
Date Published: Jan 31, 2020
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