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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Activision Blizzard Inc | NASDAQ:ATVI | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 94.42 | 104.01 | 94.42 | 0 | 01:00:00 |
From May 2019 to May 2024
Activision Blizzard Inc. said a key revenue measure more than doubled in the latest quarter, with a superhero-themed videogame driving strong performance in a period when major rivals stumbled.
Activision Blizzard said revenue adjusted to account for factors including deferred sales of online services rose to $1.61 billion in the quarter that ended June 30 from $759 million in the year-ago period. Wall Street had expected $1.46 billion, according to Thomson Reuters. The company attributed the rise in part to the success of "Overwatch," released in late May.
Adjusted per-share profit rose to 54 cents from a profit of 13 cents a year ago. Analysts had expected an adjusted 42 cents a share.
Activision Blizzard also raised its outlook for the fiscal year. It now expects revenue of about $6.4 billion and profit of about $1.83 a share, after adjusting to account for factors including deferred sales of online services.
Write to Sarah E. Needleman at sarah.needleman@wsj.com
(END) Dow Jones Newswires
August 04, 2016 16:55 ET (20:55 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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