Blockbuster video game publisher Electronic Arts didn’t have much happening in its fourth fiscal quarter, other than the launch of the relatively small independent co-op title A Way Out. But EA had a relatively strong earnings result, thanks to the strength of ongoing live services for games such as FIFA 18 (and its Ultimate Team game) and Madden NFL 18.
Some worried that games such as Fortnite, which has become the world’s most popular game in the battle royale genre, could threaten EA’s revenues. But analyst Colin Sebastian of Baird Equity Research said that such fears were “likely overblown,” and EA sees Epic’s barnburner bringing in more players to Battlefield.
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