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Tag: estimates

  • EA Forecasts Annual Bookings Above Estimates With New Battlefield Recreation Launching FY 2026

    Digital Arts (EA) forecast fiscal 2026 bookings above Wall Avenue expectations on Tuesday, because the videogame writer bets on the sturdy efficiency of its sports activities titles and the launch of a brand new “Battlefield” sport.

    EA’s shares surged greater than six % in prolonged buying and selling because the launch of Battlefield this fiscal fills the hole left by Take-Two Interactive’s delay of the long-awaited “Grand Theft Auto VI” out of its fiscal 2026.

    EA’s optimistic outlook additionally alerts the gaming business’s optimism round gross sales resilience within the face of a broader pullback in client spending amid macroeconomic volatility stemming from US tariffs.

    “As we glance to the long run, we’re assured in our means to execute throughout a deep pipeline – starting this summer season with the extremely anticipated reveal of Battlefield,” stated EA CEO Andrew Wilson.

    Analysts have stated the delay in GTA VI reduces competitors and will drive larger gross sales for different videogame publishers.

    Gross sales for the brand new GTA title are anticipated to interrupt data and herald billions of {dollars} inside weeks owing to its huge recognition, doubtlessly placing stress on video games launching throughout its launch window.

    “It’s all the time good to keep away from GTA… Battlefield offers folks one thing to sit up for and to play till GTA comes out,” stated Wedbush Securities analyst Michael Pachter.

    For EA, players have additionally chosen to stay with confirmed titles from its sports activities portfolio akin to soccer franchise FC and Madden NFL.

    The corporate on Tuesday stated monetization for FC was up double digits after a January replace. The soccer franchise had underperformed earlier this yr.

    EA forecast fiscal 2026 bookings to be within the vary of $7.60 billion (roughly Rs. 64,366 crore) to $8 billion (roughly Rs. 67,734 crore), in contrast with estimates of $7.62 billion (roughly Rs. 64,517 crore), in keeping with knowledge compiled by LSEG.

    It reported fourth-quarter bookings of $1.80 billion (roughly Rs. 15,241 crore), beating estimates of $1.56 billion (roughly Rs. 13,209 crore), aided by sturdy gross sales of its multiplayer action-adventure sport Break up Fiction which turned one of many best-selling video games in March.

    © Thomson Reuters 2025

    (This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)

  • BlackBerry Beats Revenue Estimates on Software program, Companies

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    BlackBerry reported a fourth-quarter revenue on Wednesday that beat analysts’ estimates and stated it expects sturdy billings at its high-margin software program and providers enterprise for the complete yr.

    The corporate, which reinvented itself after clients ditched its smartphones for Apple’s iPhones and Android units, stated income from its enterprise software program and providers enterprise rose about 19 % to $108 million (roughly Rs. 703 crores).

    “Our technique is working,” Chief Government Officer John Chen stated on a morning convention name.

    The corporate prolonged CEO Chen’s contract earlier this month, and adopted that up with two large offers in software program safety – one with Jaguar Land Rover and the opposite with Microsoft.

    BlackBerry, which had about 3,500 enterprise buyer orders within the reported quarter, expects complete firm software program and providers billings to develop by double digits in 2019.

    “BlackBerry’s subscription income is developing good. If billings are going up which means their fashions are transitioning very effectively to a subscription mannequin,” World Equities Analysis’s Journey Chowdhry advised Reuters.

    The corporate’s quarterly revenue beat was helped by greater margins on software program and providers gross sales. BlackBerry’s gross margins rose to 76 % of the income, from 60.1 % a yr earlier.

    Excluding objects, the Waterloo, Ontario-based firm earned 5 cents per share. Analysts on common had anticipated the corporate to interrupt even, in keeping with Thomson Reuters I/B/E/S.

    Internet loss narrowed to $10 million, or 6 cents per share, within the fourth quarter ended February 28, from $47 million, or 10 cents per share, a yr earlier.

    The corporate’s income fell 18.5 % to $233 million.

    BlackBerry shares have been down marginally on the Toronto Inventory Change.

    © Thomson Reuters 2018