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%.

Activision Blizzard Q2 2023 earnings infographic

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

  • Activision Blizzard Q4 2022 earnings infographic
  • Activision-Blizzard-Q3-2022-Earnings-Infographic
  • Activision Blizzard Q2 2022 Earnings Infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Key highlights from Johnson & Johnson’s (JNJ) Q2 2025 earnings results

Johnson & Johnson (NYSE: JNJ) reported its second quarter 2025 earnings results today. Reported sales increased 5.8% year-over-year to $23.7 billion. Operational sales growth was 4.6%. Net earnings grew over

Hasbro (HAS) Earnings Preview: What to expect from the Q2 2025 report

Shares of Hasbro, Inc. (NASDAQ: HAS) stayed red on Tuesday. The stock has gained 43% over the past three months. The toy company is scheduled to report its earnings results

Citigroup (C) Q2 FY25 earnings rise on higher revenues, beat estimates

Banking giant Citigroup Inc. (NYSE: C) reported higher revenues and earnings for the second quarter of fiscal 2025. The numbers also exceeded Wall Street's estimates. Net income increased to $4.0

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