Activision Blizzard Posts Big Rise in Revenue and Profit, Upgrades Outlook - News Summed Up

Activision Blizzard Posts Big Rise in Revenue and Profit, Upgrades Outlook


Activision Blizzard Inc. reported significant increases in quarterly revenue and profit and raised its full-year outlook, as videogame players snapped up digital content designed to keep them hooked between bigger new releases. Revenue in the third quarter rose 58% to $1.57 billion from a year ago, exceeding the company’s own forecast last quarter of $1.49 billion. Activision Blizzard, the biggest videogame company in the...


Source: Wall Street Journal November 03, 2016 20:25 UTC



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