Electronic Arts Q3 Net Bookings $2.366B, Up 1% Y/Y (Up 2% In Constant Currency)
Portfolio Pulse from Benzinga Newsdesk
Electronic Arts (EA) reported Q3 net bookings of $2.366 billion, reflecting a 1% year-over-year increase, or a 2% increase when adjusted for constant currency.

January 30, 2024 | 9:11 pm
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Electronic Arts reported a slight increase in Q3 net bookings, indicating stable but modest growth in the company's financial performance.
The reported increase in net bookings suggests a positive outlook for Electronic Arts, which may lead to a short-term positive impact on the stock price. The growth, although modest, indicates that the company is maintaining its revenue stream, which is a good sign for investors. The constant currency adjustment also shows that the company's core business performance is slightly better than the nominal figures suggest.
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