Activision Blizzard Smashes Q1 Expectations, Plans to Triple Size of Call of Duty Dev Teams

Activision Blizzard Smashes Q1 Expectations, Plans to Triple Size of Call of Duty Dev Teams

3 years ago
Anonymous $OlGJJXacOb

https://wccftech.com/activision-blizzard-q1-2020-earnings-call-of-duty-2021-details-sledgehammer/

Activision Blizzard (NASDAQ:ATVI) have released their earnings for the quarter ending March 31, 2021, and it was another very good three months thanks to the ever-bountiful Call of Duty golden goose. Acti-Blizz delivered $2.28 billion in net revenue in Q1 (their fiscal year coincides with the regular calendar year), above the $2.02 billion the company was expecting. GAAP earnings per share for Q1 were $0.79, above guidance and the $0.71 investors were expecting. Activision Blizzard stock has jumped around 10 percent after-hours following the good report.

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