Thursday, August 4, 2011

Activision-Blizzard exceeds expectations in the second quarter

The world of video games, Activision-Blizzard, Vivendi-controlled, published Wednesday, August 3, profits and sales well above expectations for the second quarter, driven by the success of the shooter Call of Duty: Black Ops. Net income jumped 53% to $ 335 million. Turnover rose against all odds, albeit modest (+2.3%), reaching $ 699 million, against 599 million dollars expected by analysts.

The group also raised its annual forecast: it now expects $ 4.05 billion  in revenue, against 3.95 billion dollars  previously announced. However the forecast for the third quarter are below expectations: turnover is expected at $ 530 million instead of $ 632 million of which had analysts.

For the rest of the year, we have many launches planned but we think our audiences will be particularly pleased with three key products: Call of Duty: Modern Warfare 3, our new service line called Call of Duty Eliteet Skylanders Spyro's Adventure ", also highlights the CEO Robert Kotick said in a statement.

Mr. Kotick did not disclose the number of bookings for the next installment in the Call of Duty series due out Nov. 8. The share rose 2.03% to 12.06 dollars in electronic trading after the close of the New York Stock Exchange.

No comments:

Post a Comment