Activision Blizzard posts $981 million revenue for Q1

By Patrick Garratt, Thursday, 7 May 2009 21:32 GMT

actiblizzlogo1

Acti Blizz has posted better than expect results for the quarter ending March, showing $981 million revenue for the period.

Prior outlook was $860 million. EPS was $0.14, up from outlook of $0.08.

Operating income was $179 million for the quarter.

“Our better-than-expected first quarter results were driven by strong global consumer response to the Call of Duty and Guitar Hero franchises and Blizzard Entertainment’s World of Warcraft, despite challenging economic times,” said boss Bobby Kotick.

“For the quarter, we were the #1 third-party console and handheld publisher in North America and the #1 third-party publisher for the Nintendo Wii platform worldwide, according to The NPD Group, Charttrack and Gfk.”

The press release is here.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Acti Blizz Q1 Financials 2009

  • Kotick: No new consoles "any time soon"

    Bobby Kotick added his voice to the chorus of mega-bosses saying there isn’t going to be a new hardware generation for years to come yesterday, speaking in Activision Blizzard’s Q1 earnings call. “As far as the consoles themselves… I think that there’s a lot of runway for all of these devices,” he said. “I think […]

  • Guitar Hero hits $2 billion in sales

    Bobby Kotick said in the Activision Blizzard Q1 earnings call last night that Guitar Hero sales have no passed $2 billion. The franchise is only the third to do so, the other two being Madden and Mario. The company also said that 34 million tracks have now been downloaded for Guitar Hero products. Get all […]