Markets

Activision Blizzard Q2 adjusted earnings of $0.81 per share

(RTTNews) - Activision Blizzard (ATVI) reported a profit for its second quarter that rose from the same period last year.

The company's bottom line totaled $580 million, or $0.75 per share. This compares with $328 million, or $0.43 per share, in last year's second quarter.

Excluding items, Activision Blizzard reported adjusted earnings of $631 million or $0.81 per share for the period.

The company's revenue for the quarter rose 37.9% to $1.93 billion from $1.40 billion last year.

Activision Blizzard earnings at a glance:

-Earnings (Q2): $631 Mln. vs. $409 Mln. last year. -EPS (Q2): $0.81 vs. $0.53 last year. -Revenue (Q2): $1.93 Bln vs. $1.40 Bln last year.

-Guidance: Next quarter EPS guidance: $0.75 Next quarter revenue guidance: $1,800 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

ATVI

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More