Activision Blizzard (ATVI) Price Target Raised to $41 at Pacific Crest
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Activision Blizzard Announces Better-Than-Expected First Quarter 2016 Financial Results
May 5, 2016 4:07 PM EDTCompany Increases CY 2016 Revenues and EPS Outlook
Companys Network is More Than Half a Billion Monthly Active UsersA
Record Q1 Non-GAAP Revenues and EPS, Growing 29% and 44% Respectively Year-over-Year
Record Quarterly Digital Revenues
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the first quarter of 2016.
 First Quarter (in millions, except EPS)  2016  PriorOutlook*
 2015GAAP
  Net Revenues $ 1,455 $ 1,260... More
