EA, Take-Two boost sales view as gaming boom going strong

FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo

(Reuters) -Electronic Arts Inc and rival Take-Two Interactive Software Inc boosted their 2021 adjusted sales forecasts as gamers remained logged into flagship titles like "FIFA 22" and "Grand Theft Auto V" even as lockdowns wound down.

California-based EA's shares shot up nearly 3% in extended trading as it also reported an over twofold jump in quarterly adjusted sales, beating expectations thanks to a clutch of strong titles including "Apex Legends" and "Madden NFL 22".