Digital Arts Inc. shares slumped after the online game maker gave a disappointing outlook for the present quarter because of a six-week delay within the launch of its subsequent extremely anticipated Star Wars sport.
The corporate expects internet bookings, which exclude deferred gross sales from on-line purchases, of $1.68 billion to $1.78 billion within the three months ending in March. Analysts had projected $2.22 billion, based on knowledge compiled by Bloomberg. The shares slid about 10% in prolonged buying and selling.