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.

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