Activision Blizzard (ATVI) PT Lifted to $33 at Jefferies Amid Q2 'Beat'

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Activision Blizzard Announces Better-Than-Expected Second Quarter 2015 Financial Results

August 4, 2015 4:05 PM EDT

Company Increases CY 2015 Revenues and EPS Outlook Once Again

Company Delivered Record Q2 Non-GAAP Digital Revenues of Over $600 Million, Growing 27% Year-Over-Year

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the second quarter of 2015.

      Second Quarter

(in millions, except EPS)

      2015       Prior

Outlook*

      2014

GAAP

            Net Revenues $ 1,044 $ 930 $ 970 EPS  ... More