The latest EA earnings report is full of bad news, as Star Wars Jedi: Survivor is pushed back and two mobile projects are shut down.
Electronic Arts reported their earnings for the quarter ending December 31, 2022, and most of the news coming out of the publisher wasn’t great. Revenue for the quarter was $1.88 billion, up a modest 5 percent year-on-year, but net bookings for the full 2022 calendar year were down a percent. EA has also adjusted its outlook for the current quarter downward.
The reason for the less optimistic outlook is that the anticipated Star Wars Jedi: Survivor has been pushed back slightly from March to April. Developer Respawn Entertainment had the following to say about the delay…
“For the last three years, the Jedi team here at Respawn has poured its collective heart and soul into Star Wars Jedi: Survivor, and we are proud to say the next chapter in the tale of Cal Kestis is content complete. We are now focused entirely on the final stage: bug fixes to enhance performance, stability, polish, and most importantly, the player experience.
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USA — IT Star Wars Jedi: Survivor Delayed, Apex Legends Mobile Shuttered as EA Reports...