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EA’s tepid forecast overshadows quarterly beat, shares slip – Electronic Arts Inc 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.
This story was originally featured at https://www.reuters.com/article/us-electronic-arts-results/eas-tepid-forecast-overshadows-quarterly-beat-shares-slip-idUSKBN1ZT323?feedType=RSS&feedName=businessNews
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