Activision Blizzard: Q4 EPS drops 23%

(CercleFinance.com) - On Monday night Activision Blizzard reported Q4 2022 non-GAAP EPS of $0.
78 versus $1.01 for Q4 2021, with an operating margin of 24% and revenue growth of 8% to 2.33 billion dollars.

The video game publisher -owner of the Call of Duty, Warcraft and Candy Crush franchises, amongst others- says that its net orders grew 43% y-o-y to a quarterly record.

The company says it looking forward to a historic year as it works on its merger with Microsoft, confident that the deal will help it succeed in an increasingly competitive global gaming industry.



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