Activision Blizzard Q1 adjusted earnings of $0.78 per share

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(RTTNews.com) - Activision Blizzard ( ATVI ) released earnings for its first quarter that climbed from the same period last year.

The company's bottom line totaled $500 million, or $0.65 per share. This compares with $426 million, or $0.56 per share, in last year's first quarter.

Excluding items, Activision Blizzard reported adjusted earnings of $604 million or $0.78 per share for the period.

The company's revenue for the quarter rose 13.9% to $1.97 billion from $1.73 billion last year.

Activision Blizzard earnings at a glance:

-Earnings (Q1): $604 Mln. vs. $546 Mln. last year. -EPS (Q1): $0.78 vs. $0.72 last year. -Revenue (Q1): $1.97 Bln vs. $1.73 Bln last year.


Next quarter EPS guidance: $0.46
Next quarter revenue guidance: $1,555 Mln
Full year EPS guidance: $2.46
Full year revenue guidance: $7,355 Mln

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This article appears in: Politics , Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: ATVI

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