EA sees gaming boost to bottom line

Stefan Mileschin · 7th May 2020, 08:42

Coronavirus helps

Electronic Arts has predicted full-year adjusted revenue well above what the cociane nose jobs of Wall Street predicted as people shelter at home due to the COVID-19 pandemic.

Videogame sales in the United States have surged in the last two months as the virus shut down the country and forced millions inside their homes, with sales in March hitting their highest in over a decade.

Analysts expect the extended stay-at-home orders to further boost sales and user engagement for videogames across all platforms.

EA, like rivals Activision Blizzard Inc and Take-Two Interactive Software Inc, has a history of guiding conservatively at the beginning of the year.

https://fudzilla.com/news/gaming/507...to-bottom-line

7th May 2020, 08:42	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 149,092	EA sees gaming boost to bottom line Coronavirus helps Electronic Arts has predicted full-year adjusted revenue well above what the cociane nose jobs of Wall Street predicted as people shelter at home due to the COVID-19 pandemic. Videogame sales in the United States have surged in the last two months as the virus shut down the country and forced millions inside their homes, with sales in March hitting their highest in over a decade. Analysts expect the extended stay-at-home orders to further boost sales and user engagement for videogames across all platforms. EA, like rivals Activision Blizzard Inc and Take-Two Interactive Software Inc, has a history of guiding conservatively at the beginning of the year. https://fudzilla.com/news/gaming/507...to-bottom-line

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