Activision Blizzard Reports Positive Second Quarter

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Activision BlizzardActivision Blizzard released the financial results for its second fiscal quarter ended June 30, 2009:
For the quarter, Activision Blizzard reported net income of $195 million compared to net income of $28 million in the same period the prior year. The results were better than expected, something that the company's Chief Executive Officer Robert Kotick attributed to sales of Prototype, Transformers: Revenge of the Fallen, X-Men Origins: Wolverine, the Guitar Hero franchise, the Call of Duty franchise and (of course) World of Warcraft. Kotick also reconfirmed that the release dates for Singularity and StarCraft II have both been pushed into 2010.

Interestingly, massively multiplayer online game revenues (largely World of Warcraft) constituted 31% of net revenues ($324 million). Xbox 360 games provided 22% of net revenues with the PlayStation 3 providing 15% of net revenues.

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This page contains a single entry by Editor published on August 5, 2009 3:31 PM.

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