A visual representation of Activision Blizzard’s Q1 2020 earnings results

Activision Blizzard Inc. (NASDAQ: ATVI) reported first quarter 2020 earnings results today.

Net revenues amounted to $1.79 billion compared to $1.83
billion in the same period last year.

On a GAAP basis, EPS was $0.65 compared to $0.58 last year.
Adjusted EPS totaled $0.76 versus $0.78 in the year-ago quarter.

For the second quarter of 2020, the company expects net
revenues of $1.69 billion. GAAP EPS is expected to be $0.54 while adjusted EPS
is expected to be $0.64.

For the full year of 2020, net revenues are estimated to be $6.8 billion. GAAP EPS is projected to be $2.22 while adjusted EPS is estimated to be $2.62.

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