Electronic Arts Inc posted better-than-expected quarterly revenue on Tuesday, ri...
FILE PHOTO: An Electronic Arts video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo
EA said it expects first-quarter adjusted revenue of $690 million, well below analysts’ estimates of $807.8 million. Its full-year adjusted revenue forecast of $5.10 billion was also below estimates of $5.16 billion. The battle royale format in multi-player gaming, which allows dozens of players to battle each other to the death until the last survivor, became wildly popular in 2018 thanks to “PUBG” and Epic Games’ “Fortnite,” two games which are also credited with introducing newer audiences to gaming.
Apex Legends had 50 million sign ups in just a month, suggesting that EA could withstand competition from “Fortnite”.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Cyclone hits Bangladesh after battering India, mass evacuations save livesThe strongest cyclone to hit India in five years killed at least 12 people in ea...
और पढो »
Cyclone Fani kills at least 12 in India before swiping BangladeshThe strongest cyclone to hit India in five years killed at least 12 people in ea...
और पढो »
Qualcomm current-quarter revenue forecast falls short, shares dropQualcomm Inc on Wednesday forecast current-quarter revenue largely below Wall St...
और पढो »
Suncor Energy first-quarter profit beats estimates on improved Canadian heavy crude pricingCanada's Suncor Energy Inc reported a profit on Wednesday that beat analyst...
और पढो »
Carlsberg first-quarter sales beat estimates on Asian market boostDanish brewer Carlsberg on Thursday reported a 9 percent jump in first-quarter s...
और पढो »
HSBC beats estimates with 31 percent first-quarter profit rise as costs declineHSBC Holdings PLC beat forecasts with a 31 percent rise in quarterly profit, bol...
और पढो »
Novo Nordisk first-quarter profit beats estimates; maintains full-year outlookDanish drugmaker Novo Nordisk on Friday posted first-quarter operating profit ab...
और पढो »
Mallinckrodt jumps 9% after drugmaker beats first-quarter earnings estimates, raises 2019 profit outlookMallinckrodt Pharmaceuticals soared in premarket trading Tuesday after the company released first-quarter earnings that beat Wall Street's expectations and raised its profit outlook for the year.
और पढो »
BNP Paribas first-quarter net profit beats forecasts thanks to market upturnBNP Paribas' first quarter net profit rose from last year and beat expectat...
और पढो »
Shell first-quarter profit slips but easily beats forecastsRoyal Dutch Shell on Thursday reported a 2 percent fall in first quarter profits...
और पढो »
CVS Health beats first-quarter expectations, raises full-year forecastCVS Health on Wednesday reported results from its fiscal first quarter.
और पढो »