EA Announces Preliminary Financial Performance for Q3 FY2025
In anticipation of its detailed financial report for the third quarter of fiscal year 2025, Electronic Arts (EA) has released preliminary performance data that highlights the performance of its recent titles. Notably, Dragon Age: The Veilguard and EA SPORTS FC 25 have drawn attention due to their underwhelming results.
Performance Insights from CEO Andrew Wilson
EA’s CEO, Andrew Wilson, remarked, “During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA SPORTS FC 25 underperformed our net bookings expectations.” This statement reflects the shifting landscape of player engagement with these titles.
EA SPORTS FC 25 Experiences Slowdown
Although specific sales figures for EA SPORTS FC 25 were not disclosed, Wilson pointed out that the popular soccer franchise has encountered a “slowdown”after an initially robust start to the fiscal year.
Dragon Age: The Veilguard’s Initial Reception
Dragon Age: The Veilguard, launched on October 31, 2024, has attracted approximately 1.5 million players across PC, Xbox, and PlayStation platforms. While this figure sets a record for EA on Steam, it falls short of internal expectations, which estimated nearly double that number. It remains uncertain whether the 1.5 million players reflect direct sales or include users accessing the game through EA Play trials or subscriptions.
This latest installment in the Dragon Age series, which marked a decade-long hiatus, introduced a fresh art style, a familiar antagonist, and an engaging narrative featuring an array of new and returning characters. However, it received a mixed reception from gamers. Moreover, recent news indicated that the game director, Corinne Busche, has departed from BioWare, adding to the uncertainties surrounding the title’s development.
Revised Financial Outlook and Projections
In a shift from earlier expectations, EA has updated its projections for live service projects from anticipated mid-single-digit growth to a forecasted decline of the same magnitude. Consequently, net bookings are now expected to fall between $7 billion and $7.15 billion for the fiscal year.
Wilson expressed confidence in the company’s long-term strategy, stating, “We remain confident in our long-term strategy and expect a return to growth in FY26 as we execute against our pipeline.” This optimism suggests that EA is looking ahead, despite the current challenges.
Upcoming Financial Report
EA plans to disclose a comprehensive overview of its financial results for the third quarter on February 4, 2025. This report will provide further insights into the performance of its various game titles and overall business strategy moving forward.
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