Activision Blizzard Is Still Shedding Gamers [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:
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Source: The Motley Fool
Activision Blizzard Is Still Shedding Gamers Although shares were trailing the market heading into its third-quarter earnings report, a summer rally showed that investors were gaining confidence in Activision Blizzard ( NASDAQ:ATVI Activision's quarterly update confirmed that the company can indeed move the needle by upping the quality and pace of its game development. However, investors haven't yet seen the company recover from a shrinking user base. Let's take a closer look at the latest trends. Moving back toward growth Sales declined in each of the company's three divisions: Activision, Blizzard, and King Digital. Yet the results still beat management's outlook by a wide margin, with revenue landing at $. billion compared to the $. billion that executives had predicted. Image source: Getty Images. The difference was strong demand for a few hit launches, including content in the Call of Duty World of Warcraft Classic Destiny The company counted million engaged gamers compared to
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