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Activision issues record Q1 earnings

According to this Gamespot piece, Activision has announced a performance in its first fiscal quarter, anticipated revenues of $650 million. That tally is $150 million higher than its projected first-quarter performance of $500 million, announced in May.

The fiscal performance translates to between $0.21 and $0.23 earnings per share, up from the $0.13 initially projected.

"Activision's first quarter stand-alone net revenues and earnings were the highest ever for a non-holiday quarter," said Activision Blizzard president and CEO Robert Kotick. "Our significant overperformance in Q1 would have further added to our previously given stand-alone fiscal 2009 net revenues and earnings outlook, making it by far the largest and most profitable year in Activision's history."

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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