EA Q4 Total Net Revenue $1.779B, Down 5% YoY
Portfolio Pulse from Benzinga Newsdesk
EA's Q4 total net revenue was reported at $1.779 billion, marking a 5% decrease compared to the same period last year.
May 07, 2024 | 8:07 pm
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EA's Q4 earnings report shows a 5% year-over-year decline in total net revenue, with figures dropping to $1.779 billion.
A 5% year-over-year decline in total net revenue is significant for EA, indicating potential challenges in its market performance or operational efficiency. This decline could lead to negative investor sentiment in the short term, impacting the stock price negatively as market participants reassess the company's growth prospects and financial health.
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