2 Ways Electronic Arts Can Drive More Growth From Codemasters
Electronic Arts (NASDAQ: EA) recently completed its $1.2 billion deal to acquire games studio Codemasters. EA now has a dynamite portfolio of racing titles, including Formula One, Project CARS, DIRT, and GRID, to go alongside its Need for Speed franchise.
It's unclear how much revenue Codemasters will contribute, but EA has disclosed that the deal will grow net bookings and underlying profitability. EA currently expects to report $6.1 billion in total bookings for the current fiscal year ending in March and expects to show continued growth through fiscal 2022.
Here are two key ways Codemasters will deliver returns to shareholders.
Source Fool.com
