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Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q

Go back to Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q

On BizWireTV: New Study Reveals Shoppers Reliance on Social Media and a Genius New Promotion Combines #VR and Bacon

November 4, 2016 8:08 AM EDT

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Featuring Amazon, Crowdtap, The New York Times and ReTrak

NEW YORK--(BUSINESS WIRE)-- On the latest... More

Call of Duty: Infinite Warfare Available Now Worldwide

November 4, 2016 8:01 AM EDT

Bold New Call of Duty Redefines Franchise with Classic War Story

One of the Most Anticipated Titles of the Year Delivers Gripping Story Campaign, Robust Multiplayer Experience and 80s Themed Zombies Co-Op Mode Zombies in Spaceland

Legacy and Digital Deluxe Editions Include Call of Duty: Modern Warfare Remastered, Offering the Ultimate Gaming Package

Launch of Activisions Infinite Warfare Kicks-Off New Season of Call of Duty World League

All-New Call of Duty PlayStation®VR Experience, Jackal Assault, Available for Free... More

Activision Blizzard Announces Better-Than-Expected and Record Third Quarter 2016 Financial Results

November 3, 2016 4:08 PM EDT

Company Increases CY 2016 Revenues and EPS Outlook

Record Third Quarter Revenues, Operating Income, EPS and Operating Cash Flow

Record Quarterly GAAP Digital Revenues of Over $1.3 Billion, Up 114% Year-over-Year

Company Had 482 Million Monthly Active Users, and More Than 10 Billion Hours of Play Time During the Third Quarter

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the third quarter of 2016.

    Third Quarter (in millions, except EPS)     2016     Prior

Outlook*

    2015 GAAP Net Revenues $ 1,568     $ 1,490     $ 990 Impact of GAAP deferrals $... More