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Key highlights from Activision Blizzard’s (ATVI) Q1 2022 earnings results

Activision Blizzard Inc. (NASDAQ: ATVI) reported first quarter 2022 earnings results today.

Net revenues totaled $1.77 billion compared to $2.28 billion in the same quarter a year ago.

Net income amounted to $395 million, or $0.50 per share, compared to $619 million, or $0.79 per share, last year. Adjusted EPS was $0.64.

Net bookings totaled $1.48 billion compared to $2.07 billion in the prior-year quarter.

Due to its pending acquisition by Microsoft (NASDAQ: MSFT), Activision did not provide guidance.

Prior performance

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