EarningsEA delivered results at the low end of its guidance and below Street expectations.
Franchise PerformanceThere are concerns about the consistent execution across EA’s non-sport franchises, with the Apex Legends turnaround still uncertain and a tepid initial reception to the Dragon Age Veilguard trailer and gameplay.
Live ServicesLive services declined 13% Y/Y to $1.4 billion, representing a significant portion of total bookings, indicating a slowdown in one of EA's critical revenue streams.