Activision Blizzard's Earnings: A Rollercoaster Ride.
TL;DR Summary
Activision Blizzard's Q1 financial results show growth across every division and major franchise, with revenue up 35% to $2.38 billion, net bookings up 26% to $1.86 billion, and net income up 87% to $740 million. The company credits Call of Duty, Candy Crush, Warcraft, Overwatch, and Diablo for driving growth, with mobile net bookings growing double-digits year-over-year. Despite setbacks such as the UK blocking its sale to Microsoft, Activision Blizzard expects "at least high-teens year-over-year growth for GAAP revenue in 2023."
- Activision Blizzard revenues jump 35% as everything clicks GamesIndustry.biz
- Activision Blizzard Reports Earnings After U.K. Regulators Block Microsoft Deal Barron's
- Activision Blizzard player numbers tumble after brief end-of-year spike Eurogamer.net
- Activision beats earnings estimates on top and bottom lines after Microsoft deal collapses CNBC Television
- Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal Reuters
- View Full Coverage on Google News
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