Electronic Arts’ revenue forecast for the holiday quarter narrowly missed estimates on Tuesday as the game developer gears to face tough competition from rivals such as Activision.
The videogame publisher forecast third-quarter adjusted revenue of US$2 billion (NZ$2.9 billion), a tad lower than the analysts’ average estimate of US$2.01b, according to Thomson Reuters I/B/E/S.
“We always try to be conservative … Christmas is always the toughest time to predict how business is going to be,” chief financial officer Blake Jorgensen told Reuters.
EA’s holiday quarter launches include “Star Wars Battlefront II” on November 17 and “Need for Speed Payback” on November 10.
from Eve’s Feed http://www.stuff.co.nz/technology/games/98442357/Game-publisher-EAs-holiday-quarter-sales-forecast-misses-estimates
from
https://evewilki1971.wordpress.com/2017/11/01/game-publisher-eas-holiday-quarter-sales-forecast-misses-estimates/
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