Activision Blizzard Profit, Revenue Metric Jump - News Summed Up

Activision Blizzard Profit, Revenue Metric Jump


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...


Source: Wall Street Journal August 04, 2016 20:27 UTC



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