Activision Blizzard: Q3 beats expectations
(CercleFinance.com) - On Thursday evening Activision Blizzard reported Q3 2019 adjusted (non-GAAP) EPS that is down at 38 cents (42 cents in Q3 2018), albeit eighteen cents above its own target for this period, and fifteen cents higher than the consensus.
The video game publisher's adjusted operating margin, whose games in particular include "Call of Duty" and "World of Warcraft" - stabilised at 27%, for revenues of 1.28 billion, dollars, down 15% from 1.51 billion dollars in Q3 2018.
For FY 2019, Activision Blizzard expects adjusted EPS of 2.13 dollars, with revenues of 6.315 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The video game publisher's adjusted operating margin, whose games in particular include "Call of Duty" and "World of Warcraft" - stabilised at 27%, for revenues of 1.28 billion, dollars, down 15% from 1.51 billion dollars in Q3 2018.
For FY 2019, Activision Blizzard expects adjusted EPS of 2.13 dollars, with revenues of 6.315 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.