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With their latest results, Electronic Arts and Roblox confirmed the hard truth, which is that the gaming industry is struggling with lower engagement. The growth rate of number of hours that users ...
Roblox Corp RBLX and Electronic Arts Inc. EA both opened lower on Wednesday, with Roblox kicking off the trading session about 3% lower in sympathy with Electronic Arts, which gapped down 3.25% ...
Its results are another sign that spending is holding up well after gaming peer, Electronic Arts (NASDAQ: EA), raised its annual profit guidance. For the quarter ended on September 30th ...
Goldman Sachs analyst Eric Sheridan downgraded Electronic Arts (NASDAQ:EA ... Moreover, the analyst also cut the rating on Roblox (NYSE:RBLX) to Neutral from Buy with a $50.00 per share price ...
With their latest results, Roblox and Electronic Arts both eased concerns of high-interest rates and a gloomy economic outlook harming the demand for video games. DISCLAIMER: This content is for ...
All in all, there weren’t many positives in the latest quarterly results that Electronic Arts posted as besides having a tough quarter, the video game publisher also announced more challenges lie ...