Earnings And Financial Performance1QFY3/25 net bookings fell by 20% y/y due to a lack of more game releases and the lack of World Cup tailwinds had in 1QFY3/24 to the global football business; EPS declined to USD1.04 (-29% y/y), led by the decline in operating profit.
Game PerformanceApex Legends is seeing a decline in monetization as the first half of Season 22 Battle Pass was offered for free and the game's player base is shrinking.
Product Launch And DevelopmentThere is a lack of conviction on the next Battlefield launch, an important release for EA, as the franchise has much to prove after previous disappointments and faces a competitive market.