Electronic Arts Outlines Long-Term Growth Strategy At Investor Day; Expects To Outpace Market Growth And Drive Margin Expansion Through Fiscal Year 2027; On Track Towards The High End Of The Net Bookings Guidance, Provided On July 30, 2024, For Q2 Ending September 30, 2024 And The Fiscal Year Ending March 31, 2025
Portfolio Pulse from Benzinga Newsdesk
Electronic Arts (NASDAQ:EA) shared its long-term growth strategy at its Investor Day, aiming to outpace market growth and expand margins through fiscal 2027. EA plans to double its global audience, enhance its IP portfolio, and introduce new experiences, including a modern Battlefield experience and a partnership with Amazon MGM Studios for a Sims movie. The company is on track to meet high-end net bookings guidance for Q2 2024 and FY 2025.
September 17, 2024 | 7:31 pm
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Electronic Arts aims to outpace market growth and expand margins through fiscal 2027, with plans to double its audience and enhance its IP portfolio. EA is on track to meet high-end net bookings guidance for Q2 2024 and FY 2025.
EA's strategic initiatives, including audience expansion and new partnerships, are likely to drive growth and margin expansion, positively impacting its stock price. The company's confidence in meeting high-end net bookings guidance further supports a positive outlook.
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