The Good, Bad, and Ugly of Activision Blizzard's 3rd Quarter [The Motley Fool]
Activision Blizzard, Inc (ATVI)
Last activision blizzard, inc earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.activision.com/investor-relations
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Source: The Motley Fool
After riding a wave of momentum over the last couple of years, the game maker still has work to do to keep players engaged. It's been a rough month for video game stocks, especially for Activision Blizzard ( NASDAQ:ATVI ) , as the game maker's share price has slumped 34% since the beginning of October. The company's third-quarter earnings report presented a mix of positives and negatives that didn't sit well with market participants. Let's take a look at the highlights and what management had to say. IMAGE SOURCE: ACTIVISION BLIZZARD. The good Activision Blizzard exceeded its outlook in Q3 and we remain on track to deliver our previous upwardly revised outlook for the year and double-digit earnings-per-share growth year-over-year. -- President and COO Coddy Johnson It was a big quarter for the game maker, marked by releases across major franchises, including Destiny , World of Warcraft , and the hit mobile game Candy Crush . Candy Crush is
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