On January 22, 2025, EA issued a press release entitled “Electronic Arts Pre-Announces Preliminary Q3 FY25 Results.” In this press release, EA stated that “EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings[.] However, the company now projects a mid-single-digit decline, with Global Football accounting for the majority of the change.”
On this news, EA stock fell 16.3% on January 23, 2025.