Categories AlphaGraphs, Earnings, Leisure & Entertainment
ATVI Earnings: Activision Blizzard Q2 earnings jump; revenue up 34%
Activision Blizzard, Inc. (NASDAQ: ATVI) reported a sharp increase in earnings for the second quarter of 2023 when the video game publisher’s revenues climbed 34%.
Second-quarter net revenues increased 34% from last year to $2.21 billion. At $2.46 billion, net bookings were up 50% during the three-month period.
Net income increased sharply to $587 million or $0.74 per share in the June quarter from $280 million or $0.36 per share in the same period of last year. Adjusted profit increased by 90% to $0.91 per share.
“This quarter, our talented teams delivered strong performance for our players and shareholders. We delivered a 50% year-over-year increase in net bookings, operating income growth over 70%, earnings per share growth over 80%, and a record quarter for Blizzard with over $1 billion in net bookings for the first time,” said Activision’s CEO Bobby Kotick.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
United Airlines (UAL) Earnings: 4Q24 Key Numbers
United Airlines (NASDAQ: UAL) reported total operating revenue of $14.7 billion for the fourth quarter of 2024, up 7.8% compared to the same period last year. Net income increased 64%
Highlights of Abbott Laboratories (ABT) Q4 2024 results
Abbott Laboratories (NYSE: ABT) on Wednesday announced financial results for the fourth quarter of 2024, reporting an increase in sales and adjusted profit. Total reported sales increased 7.2% year-over-year to
PG Earnings: Key quarterly highlights from Procter & Gamble’s Q2 2025 financial results
The Procter & Gamble Company (NYSE: PG) reported its second quarter 2025 earnings results today. Net sales were $21.9 billion, up 2% from the prior-year quarter. Organic sales increased 3%.