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  • 7 weeks ago
Electronic Arts issued long-term guidance projecting bookings growth through 2031 despite a recent YoY decline. The outlook comes as a Saudi PIF-led consortium moves forward with a $55B acquisition.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Electronic Arts disclosed long-term guidance from fiscal 2026 through 2031,
00:08projecting bookings growth from $7.85 billion in 2026 to $11.25 billion by 2031, according to Benzinga.
00:17The company expects net bookings of $8.25 billion in 2027, $10.0 billion in 2028,
00:25$10.4 billion in 2029, and $10.8 billion in 2030.
00:32The guidance follows second-quarter fiscal 2026 net bookings of $1.818 billion,
00:37down 13% year-over-year due to the prior year release of College Football 25.
00:42In September, a consortium led by Saudi Arabia's Public Investment Fund
00:46disclosed a $55 billion all-cash deal to acquire the company.
00:51Electronic Arts shares closed up 0.23% at $204.20 on Monday.
00:57For all things money, visit Benzinga.com.
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