Activision Blizzard (ATVI) PT Raised to $55 at Jefferies
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Activision Blizzard Announces Better-Than-Expected and Record Second Quarter 2016 Financial Results
August 4, 2016 4:11 PM EDTCompany Increases CY 2016 Revenues and EPS Outlook
Record Q2 Revenues, Growing More Than 50% Year-over-Year
Record Quarterly Digital Revenues of Over $1 Billion
Record Q2 Operating Cash Flow, Up More Than 250% 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 2016.
  Second Quarter (in millions, except EPS)  Â2016
 ÂPriorOutlook*
 Â2015
GAAP Net Revenues $ 1,570 Â Â $... More