Electronic Arts (EA) has announced several key events, including a new
Star Wars Zero Company game expected to launch in 2026. The company has also agreed to acquire
TRACAB Technologies and outlined its long-term growth strategy at an
investor day. It reported strong results for Q2 and Q3 FY25, however issued a preliminary report of lowered expectations for Q3 FY25 results. Additionally, EA saw stock investments from LSV Asset Management, Fmr LLC, and Independent Franchise Partners amounting to $564.27 million. Despite significant progress, the company was criticized for workforce management and reduced outlook due to underperformance of 'Dragon Age' and 'EA Sports FC 25'. EA also faced a stock plunge, causing some shareholders like Canada Life Assurance to sell 96,431 shares. EA is diversifying by focusing on
E-sports and sports games, given the rise of esports stocks. It has additionally showcased new tech deployment in Madden, College Football and game patching with Amazon Web Services (AWS). Lastly, EA has also showcased intention to support players with disabilities by creating suitable games.
Electronic Arts EA News Analytics from Mon, 15 Jul 2024 18:24:01 GMT to Sat, 19 Apr 2025 17:11:16 GMT -
Rating -2
- Innovation 6
- Information 7
- Rumor -2
