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Activision Blizzard Reports Better Than Expected Q3 Results By Investing.com

© Reuters Activision Blizzard Reports Better Than Expected Q3 Results
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By Davit Kirakosyan

Activision Blizzard (NASDAQ:) reported its , with EPS of $0.68 coming in better than the consensus estimate of $0.51. Revenue was $1.78 billion, beating the consensus estimate of $1.72 billion.

Q3 net bookings were $1.83 billion, compared to $1.88 billion for Q3/21. In-game net bookings were $1.36 billion, compared to $1.20 billion for Q3/21.

“We look forward to continuing to release epic entertainment in service of our global community of players as a part of Microsoft (NASDAQ:), one of the world’s most admired companies. We continue to expect that our transaction will close in Microsoft’s current fiscal year ending June 2023,” said Bobby Kotick, CEO of Activision Blizzard.

Story Credit: investing.com

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