Activision Blizzard revenue clocks in $177m higher than expectations

Activision Blizzard revenue clocks in $177m higher than expectations

Publishing giant Activision Blizzard beat its net revenue expectations for the last financial quarter.

For the three months ending September 30th, the firm made $1.3bn in net revenue, $178m ahead of the $1.1bn it expected it would make for the period. Even coming in higher than anticipated, net revenue is still down 15 per cent on the $1.5bn it made for the same period during 2018, though the firm was recognising revenue from Bungie's Destiny franchise at the time.

“Our third-quarter results exceeded our prior outlook for both revenue and earnings per share,” CEO Robert Kotick (pictured) said.

“Recent launches have enabled significant growth in the size of our audiences for our Call of Duty and World of Warcraft® franchises. As we introduce mobile and free-to-play games based on our franchises we believe we can increase audience size, engagement and monetisation across our wholly owned franchises. With a strong content pipeline and momentum in mobile, esports and advertising, we are confident we will remain a leader in connecting and engaging the world through epic entertainment.”

Editor - PC Games Insider

Alex Calvin launched in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.


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