The Redwood City, California.,-based publisher, in a preliminary statement Wednesday, reduced projected bookings for the 2025 fiscal year to a range of $7 billion to $7.15 billion

Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness across its established soccer franchise, sparking concerns over a slowdown in the key division and sending its shares tumbling nearly 11%.

Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.

Video gaming company Electronic Arts cut its forecast for fiscal year 2025 bookings on Wednesday, citing weakness across some sports titles. The company's shares fell nearly 7% in extended trading. EA now expects annual net bookings in the range of $7 billion to $7.