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Activision Blizzard Q3 adjusted earnings of $0.42 per share


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(RTTNews.com) - Activision Blizzard ( ATVI ) revealed earnings for its third quarter that rose from last year.

The company's bottom line totaled $200 million, or $0.34 per share. This compares with $188 million, or $0.25 per share, in last year's third quarter.

Excluding items, Activision Blizzard reported adjusted earnings of $325 million or $0.42 per share for the period.

The company's revenue for the quarter fell 6.8% to $1.51 billion from $1.62 billion last year.

Activision Blizzard earnings at a glance:

-Earnings (Q3): $325 Mln. vs. $358 Mln. last year. -EPS (Q3): $0.42 vs. $0.47 last year. -Revenue (Q3): $1.51 Bln vs. $1.62 Bln last year.

<b>-Guidance</b>:

Next quarter EPS guidance: $0.64
Next quarter revenue guidance: $2,236 Mln

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



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