Electronic Arts (EA) Q3 FY25 earnings call

Electronic Arts reported a challenging Q3 FY25, with net bookings down 6% year-over-year, primarily due to underperformance from Dragon Age: The Veilguard and a mid-single-digit decline in Global Football net bookings. The company attributed the Global Football softness to slower new player acquisition and unusual engagement churn. However, post-quarter updates and events for EA Sports FC have shown strong player reactivation and record engagement. Management remains confident in its long-term strategy, pipeline of new titles including Battlefield and SCAPE for FY26, and commitment to capital