Market Overview

Recap: Activision Blizzard Q2 Earnings

Share:

Shares of Activision Blizzard (NASDAQ:ATVI) fell 1.45% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 155.26% over the past year to $0.97, which beat the estimate of $0.68.

Revenue of $2,078,000,000 higher by 72.16% from the same period last year, which beat the estimate of $1,700,000,000.

Outlook

Activision Blizzard hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 04, 2020

Time: 05:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/kgnnv5ot

Recent Stock Performance

Company's 52-week high was at $85.05

52-week low: $44.91

Price action over last quarter: Up 16.30%

Company Profile

Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.

 

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Posted-In: Earnings