Activision Blizzard Announces Record 3Q 2016 Financial Results

[HardOCP News]

Activision Blizzard, Inc. today announced better-than-expected financial results for the third quarter of 2016. For the quarter ended September 30, 2016, Activision Blizzard’s net revenues presented in accordance with Generally Accepted Accounting Principles (“GAAP”) were a third-quarter record $1.57 billion, as compared with $990 million for the third quarter of 2015, an increase of 58%. GAAP net revenues from digital channels were an all-time quarterly record of $1.34 billion, growing 18% quarter-over-quarter and 114% year-over-year. GAAP earnings per diluted share were a third-quarter record $0.26, as compared with $0.17 for the third quarter of 2015, an increase of 53%. On a non-GAAP (redefined) basis, the company’s earnings per diluted share were a third-quarter record $0.49, as compared with $0.20 for the third quarter of 2015, an increase of 145%.

 

[Rahh]

impressive!

 

[Design1stcode2nd]

Overwatch, HotS, Legion...making some good stuff lately.

 

[Nasty_Savage]

Overwatch, HotS, Legion...making some good stuff lately.

And interestingly enough, at least Legion dropped right before the third quarter deadline (I think MoP did too). In the past they would drop expos just before Christmas