EA's tepid forecast overshadows quarterly beat, shares slip

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EA's tepid forecast overshadows quarterly beat, shares slip

Amid rising competition from console, mobile developers.

Electronic Arts forecast fourth-quarter adjusted revenue below analysts' estimates, weighed down by the delayed launch of its basketball title "NBA Live", while its "Apex Legends" battles "Fortnite" and "PUBG" to attract young gamers. Shares of the Redwood, California-based company fell about 2 ...

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