Activision Blizzard Inc., the largest US video game publisher, reported revenue that beat analyst estimates, but adjusted sales were down 15% from a year earlier due to a soft launch of Call of Duty last fall. and a slow year for the gaming industry in general.
August 01, 2022
18:08
–
–
BLOOMBERG
Activision, which is in the process of being acquired by Microsoft Corp., generated second-quarter adjusted revenue of $1.64 billion, compared with analysts’ average projection of $1.6 billion. Adjusted revenue excludes deferred sales from online purchases. Adjusted earnings per share were 47 cents, down almost 50% from a year earlier and slightly below analyst estimates, according to data compiled by Bloomberg.
Hang tags:
–
Related posts:
Norand Launches Upgraded MONO MK2 Synthesizer with Pressure-Sensitive Keys and More Modulation
PlayStation and Xbox study including ads within their free console games
Facebook bug gave insight into data from Instagram users
Steam will display required amount of storage for games more prominently - Gaming - News
