Dragon Age: The Veilguard ‘engaged’ 1.5 million gamers in its launch quarter, which was 50% beneath EA’s expectations

EA has posted a preliminary announcement of economic outcomes for the corporate’s third quarter of the present fiscal 12 months, forward of the complete outcomes launch on February 4. Within the preliminary announcement, EA shares a revised outlook for the complete 12 months, slashing web bookings from the vary of $7.5~$7.8 billion to the vary of $7.0~$7.15 billion.

Whereas diminishing efficiency of EA SPORTS FC 25 is cited as the first cause for the lowered forecasts, EA said that Dragon Age: The Veilguard additionally missed its goal expectations. In keeping with EA, Dragon Age “engaged roughly 1.5 million gamers”, which was about 50% beneath expectations. The ‘engaged’ wording is probably going used, as a substitute of shipped or gross sales, to account that Dragon Age: The Veilguard may be performed by means of an EA Play Professional subscription on PC.

We have shared the announcement beneath, in full.

EA’s preliminary steering for fiscal 12 months 2025 anticipated mid-single-digit development in dwell providers web bookings¹ . Nonetheless, the corporate now tasks a mid-single-digit decline, with International Soccer accounting for almost all of the change.

International Soccer had skilled two consecutive fiscal years of double-digit web bookings development. Nonetheless, the franchise skilled a slowdown as early momentum within the fiscal third quarter didn’t maintain by means of to the tip. Consequently, EA revises its outlook for International Soccer to finish the fiscal 12 months down mid-single-digit on the midpoint of the brand new outlook. Individually, Dragon Age engaged roughly 1.5 million gamers throughout the quarter, down practically 50% from the corporate’s expectations.

Consequently, EA is offering preliminary outcomes for its third fiscal quarter and updating its fiscal 12 months 2025 web bookings outlook. It now expects web bookings of roughly $2.215 billion for the third fiscal quarter and an up to date vary of $7.000 billion to $7.150 billion for fiscal 12 months 2025.

For its third fiscal quarter, EA now expects GAAP web income to be roughly $1.883 billion and roughly $1.11 in GAAP diluted earnings per share.

“ Throughout Q3, we continued to ship high-quality video games and experiences throughout our portfolio; nevertheless, Dragon Age and EA SPORTS FC 25 underperformed our web bookings expectations,” stated Andrew Wilson, CEO of EA. “This month, our groups delivered a complete gameplay refresh along with our annual Staff of the 12 months replace in FC 25; optimistic participant suggestions and early outcomes are encouraging. We stay assured in our long-term technique and anticipate a return to development in FY26, as we execute in opposition to our pipeline.”

“We proceed to stability funding for future development with operational self-discipline, and stay dedicated to EA’s long-term monetary framework,” stated Stuart Canfield, CFO of EA. “As we glance to FY26, we anticipate to develop as we launch extra of our iconic franchises.”

EA will announce its outcomes for the third fiscal quarter ending December 31, 2024 on February 4th, 2025 and can host a convention name at 2:00 pm PT (5:00 pm ET) to debate its quarterly outcomes and monetary outlook. Listeners could entry the convention name dwell by way of a dial-in quantity or audio webcast.