Electronic Arts' preliminary estimate for net bookings in the third fiscal quarter is $2.22 billion, while analysts expected $2.51 billion.

In the third fiscal quarter, global football event sales revenue declined.

The company expects full-year net bookings to be between $7 billion and $7.15 billion, down from the previous estimate of $7.5 billion to $7.8 billion.

The company anticipates that the decline in live service bookings for the full year will be in the mid-range of 0% to 10%.

The company is expected to resume growth in fiscal year 2026.

Electronic Arts (EA) shares fell 8.7% in after-hours trading