The firm said it had made “strong progress on a broad pipeline of content across established franchises” in the second quarter. GAAP earnings per diluted share were $0.55, compared to $0.82 a year ago. Revenues from digital channels stood at $1.61bn while GAAP operating margin was 27% in the quarter. Activision Blizzard’s latest earningsĪctivision Blizzard reported GAAP revenues of $1.78bn for Q3 2022 – down from $2.07bn in the second quarter of 2021. However, over a one-year period, the share price has declined marginally by 0.5%. Over the past five years, the ATVI stock price has surged 19.5%. The price has slumped, however, by more than 28% from its all-time high of $102.70, achieved on 12 February 2021. The ATVI stock price rose by nearly 15% year-to-date as of 24 November, significantly outperforming the S&P 500 Index ( US500), which has dropped 15% this year. Some of the company’s most popular games are Candy Crush, Call of Duty, World of Warcraft, Overwatch, Hearthstone and Diablo. The firm was established in 2008 following the merger of Vivendi Games and Activision. What is Activision Blizzard?Īctivision Blizzard is an interactive gaming and entertainment company, headquartered in California’s Santa Monica in the US.
Keeping the stock-moving news in mind, we take a look at the company’s latest quarterly financial performance, ATVI stock news, and other factors that are shaping the ATVI stock forecast in 2022 and beyond.
0 kommentar(er)
