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BUZZ-Electronic Arts falls on cutting 2025 bookings forecast

ReutersJan 22, 2025 9:30 PM

** Shares of video game firm Electronic Arts EA.O fall 7.6% to $131.5 in extended trading

** EA cut 2025 bookings forecast on Wednesday, citing weakness across some sports titles

** Co expects 2025 live services net bookings to decline mid-single-digit vs mid-single-digit growth forecast previously

** EA expects annual net bookings in the range of $7 billion to $7.15 billion, down from its earlier forecast of between $7.5 billion to $7.8 billion

** Up to last close, stock gained more than 2% over the past 12 months

(Reporting by Mariam Sunny in Bengaluru)

((Mariam.ESunny@thomsonreuters.com))

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