Electronic Arts (EA) Q1 Earnings and Revenues Decline Y/Y

Electronic Arts (EA) reported first-quarter fiscal 2025 earnings of 52 cents per share, which declined 54.4% year over year. Revenues decreased 13.7% year over year to $1.26 billion due to weakness in Live services and full-game revenues.The Zacks Consensus Estimate for earnings was pegged at 43 cents per share. The consensus mark for revenues was pinned at$1.215 billion.Net bookings for the fiscal first quarter were $1.262 billion, down 20% year over year in both actual and constant currency. Full-game ne ...