Edition:
India

Electronic Arts Updates Fiscal Year 2019 Expectations


Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Electronic Arts Inc ::EA ANNOUNCES NOVEMBER 20 LAUNCH DATE FOR BATTLEFIELD V; UPDATES FISCAL YEAR 2019 EXPECTATIONS.ELECTRONIC ARTS INC - UPDATES FISCAL YEAR 2019 EXPECTATIONS.ELECTRONIC ARTS INC - EA IS UPDATING FISCAL YEAR 2019 NET BOOKINGS GUIDANCE FROM $5.55 BILLION TO $5.20 BILLION.ELECTRONIC ARTS INC - IS REAFFIRMING ITS Q2 OPERATING GUIDANCE PROVIDED ON JULY 26, 2018.ELECTRONIC ARTS INC - EA IS REAFFIRMING ITS Q2 OPERATING GUIDANCE PROVIDED ON JULY 26, 2018.ELECTRONIC ARTS INC - EXPECT TO MAINTAIN INVESTMENTS IN RESEARCH AND DEVELOPMENT AND MARKETING; WILL HAVE OPERATIONAL SAVINGS TO OPERATING EXPENSES.ELECTRONIC ARTS INC - ANNOUNCES NOVEMBER 20 LAUNCH DATE FOR BATTLEFIELD V.ELECTRONIC ARTS INC - EA ESTIMATES OPERATIONAL SAVINGS TO BE ABOUT $50 MILLION, EXCLUDING IMPACT OF FOREIGN EXCHANGE RATES.ELECTRONIC ARTS INC - $115 MILLION OF FY 2019 NET BOOKINGS GUIDANCE CHANGE IS DRIVEN BY MOVEMENT IN FOREIGN EXCHANGE RATES.EA - REVISING 2019 NET BOOKINGS OUTLOOK, DUE TO UPDATE TO BATTLEFIELD V LAUNCH DATE, CONTINUING IMPACT OF FOREIGN EXCHANGE RATES, AMONG OTHER.