Electronic Arts FY24 Net Bookings $7.43B, Up 1% YoY
Portfolio Pulse from Benzinga Newsdesk
Electronic Arts (EA) reported a 1% year-over-year increase in FY24 net bookings, totaling $7.43 billion.

May 07, 2024 | 8:07 pm
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Electronic Arts reported a slight increase in FY24 net bookings, indicating steady, albeit slow, revenue growth.
The reported 1% year-over-year increase in net bookings for FY24 suggests a positive, though modest, growth trajectory for Electronic Arts. This steady growth, especially in the competitive gaming industry, is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on EA's stock price. However, the modest size of the growth indicates that while positive, the impact may not be significantly large.
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