So far this season, the stock has gained around 60%, however it continues to be heading down since July 22, the times the report was launched.A shortterm hiccupDespite reporting strong growth, EA continues to be crashing on account from the delayed launch of Battlefield Hardline, among its marquee game supposed to become released throughout the holiday period.
As a result, EA looks set to get rid of steam within the other half from the year. The upcoming Battlefield franchise wasn't the only real game to become delayed. It has additionally postponed Dragon Age Inquisition by greater than a month.However, investors may need to look past the shortterm.
EA includes a strong pipeline of recent games under its belt, which supports fuel its growth moving forward. The company has already been growing in a rapid pace, reporting a 28% yearoveryear rise in revenue within the previous quarter. It also reported an internet profit of $61 million compared to some year ago lack of $121 million.
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