Nintendo Cuts Sales Outlook for Switch Consoles [Yahoo! Finance]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
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Source: Yahoo! Finance
The Japanese videogame maker said it now expects to sell 12.5 million Switch consoles for the fiscal year ending March 2025, versus the 13.5 million units forecast it announced previously. Nintendo's woes will be closely watched by competitors such as Electronic Arts, whose popular titles include "Madden NFL," and Take-Two Interactive Software, the developer of the "Grand Theft Auto" series. Nintendo ( NTDOY ) cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker's once-hit console. The company said it now expects to sell 12.5 million Switch consoles for the fiscal year ending March 2025, versus the 13.5 million units forecast it announced previously. The downbeat forecast for the almost eight-year-old console came as Nintendo announced a 60% drop in net profit for the first half of its fiscal year ending Sept. 30 and cut its projections for full year sales and operating profit. "Although Nintendo Switch hardware and softwar
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EA
Earnings
- 2/4/25 - Miss
EA
Sec Filings
- 2/7/25 - Form 4
- 2/6/25 - Form 144
- 2/5/25 - Form 4
- EA's page on the SEC website