Categories AlphaGraphs, Earnings, LATEST, Leisure & Entertainment

Activision Blizzard (ATVI) Earnings: Stock gains after Q2 results beat Street view

Shares of Activision Blizzard Inc. (NASDAQ: ATVI) gained Tuesday evening, soon after the video game developer reported stronger-than-expected second-quarter earnings. Revenues also increased year-over-year and came in above the estimates.

Activision Blizzard Q2 2021 earnings infographic

Activision had around 408 million monthly active users at the end of the quarter when net bookings dropped 8% to $1.92 billion. Revenues rose 19% % to $2.3 billion and topped expectations.

Second-quarter earnings, excluding one-off items, climbed to $1.20 per share from $0.81 per share last year and exceeded the number analysts had projected. Net income, on an unadjusted basis, rose to $876 million or $1.12 per share from $580 million or $0.75 per share in the second quarter of 2020.


Read management/analysts’ comments on Activision’s Q2 earnings


Activision’s stock dropped about 3% in the past twelve months. It made modest gains Tuesday evening, immediately following the earnings announcement, after closing the regular session lower.

Prior Performance

  • ACTIVISION BLIZZARD Q2 2020.
  • Activision Blizzard reports Q1 2020 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top