Activision Blizzard's first-quarter profit forecast misses estimates

Activision Blizzard's first-quarter profit forecast misses estimates

5 years ago
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https://www.reuters.com/article/us-activision-results/activision-blizzards-first-quarter-profit-forecast-misses-estimates-idUSKCN1Q12MO

Activision Blizzard Inc reported weaker-than-expected fourth-quarter revenue and forecast current-quarter revenue and profit below analysts' estimates on Tuesday, as it faces competition from "Fortnite" and invests more in developing its games.

Activision Blizzard's first-quarter profit forecast misses estimates

Feb 12, 2019, 10:23pm UTC
https://www.reuters.com/article/us-activision-results/activision-blizzards-first-quarter-profit-forecast-misses-estimates-idUSKCN1Q12MO >Activision Blizzard Inc reported weaker-than-expected fourth-quarter revenue and forecast current-quarter revenue and profit below analysts' estimates on Tuesday, as it faces competition from "Fortnite" and invests more in developing its games.