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EA Sep 2024 140.000 put
| Previous close | 13.60 |
| Open | 13.60 |
| Bid | 10.20 |
| Ask | 13.60 |
| Strike | 140.00 |
| Expiry date | 2024-09-20 |
| Day's range | 13.60 - 13.60 |
| Contract range | N/A |
| Volume | |
| Open interest | 195 |
Investor's Business DailyElectronic Arts Misses March-Quarter Goals, Gives Weak Guidance
Video game publisher Electronic Arts missed Wall Street's targets for its fiscal fourth quarter and gave a soft outlook.
- Reuters
UPDATE 2-Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Video game publisher Electronic Arts forecast full-year bookings below Wall Street estimates on Tuesday amid a broader spending slowdown in the gaming industry due to an uncertain economic outlook. The dour forecast from EA, one of the biggest names in gaming, will add to the industry's already gloomy outlook, which has been coping with gamers cutting back on discretionary spending amid high inflation. Analysts from Roth MKM had warned about the company's outlook in a research note last week citing a lack of visibility into EA's development pipeline and lighter release schedule.
ReutersElectronic Arts forecasts annual bookings below estimates as gamers cut spending
The Redwood City, California-based company's shares fell 3.4% in extended trading. The dour forecast from EA, one of the biggest names in gaming, will add to the industry's already gloomy outlook, which has been coping with gamers cutting back on discretionary spending amid high inflation. Analysts from Roth MKM had warned about the company's outlook in a research note last week citing a lack of visibility into EA's development pipeline and lighter release schedule.
