Electronic Arts Q3

Electronic Arts Lowers Revenue Forecast

For the third quarter ending 12/31/22, Electronic Arts (NASDAQ: EA) reported net revenue increased 5% over the previous year’s quarter to $1.88 billion.  Net income for the quarter was $204 million, up from $66 million for the previous year’s quarter. However net bookings for Q3 FY 23 were down 9% from $2.58 billion the previous year to $2.34 billion for the quarter ending 12/31/22.  For the trailing twelve months bookings were down 1% to $7.15 billion Electronic A.....
Forspoken review

Square Enix’s Forspoken is First Major Disappointment of 2023

Square Enix’s Forspoken is one of the first major exclusives for PlayStation 5 to launch in 2023.  Unfortunately, reviews have been mixed with a current score of only 67 on Metacritic. Analysis Forspoken was a highly anticipated title for both PlayStation 5 and PC.  Most reviews have been mixed with some reviewers really enjoying the title.  .....
Microsoft Video Game Revenue Declines for Holiday 2022

Microsoft Video Game Revenue Declines for Holiday 2022

For the second quarter of fiscal 2023 ending 12/31/22, Microsoft (NASDAQ: MSFT) saw revenue increase 2% to $52.7 billion from the previous year.  Revenue in Gaming declined 13% to $4.76 billion.  For the first six months of fiscal 2023, gaming revenue was down 7% to $8.4 billion.  In the second quarter, game hardware revenue declined 13% over the previous year and Xbox content and services declined 12%. Analysis Microsoft is a large company a.....
Roblox Metrics

Roblox Reports December 2022 Metrics

Ahead of quarterly earnings, Roblox Corporation (NYSE: RBLX) reported that for December 2022 daily active users reached 61.5 million, an 18% year-over-year increase.  However, the estimated revenue is expected to be flat to slightly down.  Roblox also announced that starting in April 2023 the company will no longer publish monthly metrics. Analysis The discontinuation of monthly metrics is probably a positive for Roblox as it will put the focus on lo.....
Ubisoft Stock

Ubisoft has More Setbacks

On January 11, 2023 Ubisoft announced it is lowering its bookings target for the third quarter FY 23 ending 12/31/22.  The initial target of €830 million has been lowered to €725 million.  The company also announced a new strategic focus that included the cancellation of three unannounced projects and another delay for Skull and Bones. Analysis It is no secret that Ubisoft (UB.....
Video game Stock Index

DFC Intelligence Launches Video Game Stock Index

Stock prices in the video game and interactive entertainment industry soared during COVID stay-at-home orders.  In 2022, stock prices came down across the board.  As the global economy heads towards a potential recession now is the time to evaluate company valuation.  To track the overall video game industry, DFC has launched the DFC Intelligence Video Game Stock Index. Introducing the Video G.....

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