Activision Blizzard (ATVI) Misses Q4 EPS by 8c, Raises Divvy To $0.30, Announces 2-Yr $1B Buyback

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Go back to Activision Blizzard (ATVI) Misses Q4 EPS by 8c, Raises Divvy To $0.30, Announces 2-Yr $1B Buyback

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

February 9, 2017 4:10 PM EST

Record 2016 Revenues, Digital Revenues and Earnings Per Share

Record Fourth-Quarter Revenues and Digital Revenues; GAAP Earnings Per Share Grew 57% and Non-GAAP (redefined) Earnings Per Share Grew 160% Year-Over-Year to Record Levels

Generated Record Operating Cash Flow of $2.2 Billion in 2016, up 71% Year-Over-Year

Announces 2-Year Stock Repurchase Plan of $1 Billion

2017 Cash Dividend Increased By 15% to $0.30 Per Common Share

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected and record fourth-quarter and full-year 2016 results.

    Fourth Quarter   Calendar Year   Prior     (in millions, except EPS)  

2016

Outlook*

2015

 

2016

 

2015

GAAP Net... More