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EA's tepid forecast overshadows quarterly beat, shares slip

By Staff Writer

Jan 31 2020 1:56PM

Amid rising competition from console, mobile developers.

EA's tepid forecast overshadows quarterly beat, shares slip

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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