Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.

Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.

EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.

Publisher Electronic Arts (EA) and developer BioWare's latest role-playing game, Dragon Age: The Veilguard, grabbed around 1.5 million players, but missed EA's expectations by almost 50%. That comes via a preliminary earnings report from EA,