EA’s latest earnings call with investors revealed that Season 17 of Apex Legends fell short of their financial expectations. Despite the game maintaining an impressive 18 million active monthly players, the new gameplay variations and monetization introduced in Season 17 failed to generate the anticipated revenue.
During the call, EA’s CEO, Andrew Wilson, acknowledged the strength of Apex Legends as one of the industry’s top franchises but expressed disappointment with Season 17’s financial performance. Stuart Canfield, the CFO of EA, further elaborated in his prepared remarks, “Apex Legends is a highly successful original IP for EA with a strong community of loyal core players. This quarter, net bookings were below expectations largely driven by underperformance from Season 17.”