Video game maker Electronic Arts (EA) is plummeting 17% after the company reported lower-than-expected bookings for its fiscal third quarter that ended in December. EA also cut its full-year bookings guidance for its current fiscal year. EA blamed the bad news primarily on the subpar performance of its new soccer game, EA Sports FC 2025. A Look at EA's Results and Guidance The firm generated Q3 bookings of $2.22 billion last quarter, below its prior outlook of $2.4 billion to $2.55 billion. Moreover, the video game maker now expects its bookings for its current full fiscal year to come in at $7 billion to $7.15 billion, versus its previous guidance of $7.5 billion to $7.8 billion. Also importantly, EA is predicting that its bookings obtained after game purchases will fall by about 5% during its current fiscal year. It had previously predicted that this metric would climb by about 5%. The company's latest soccer game, EA Sports FC 25 "underperformed our net bookings expectations,” CEO Andrew Wilson said in a statement. After reviews of the game were underwhelming following its release last September, the revenue generated by the company's soccer games is expected to drop this quarter versus the same period a year earlier. The Recent Price Action of EA Stock In the last month, the shares have sunk 21.5%, while they have slumped 19% in the last three months. While we acknowledge the potential of EA, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ ALSO 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock Disclosure: None. This article is originally published at Insider Monkey.