For Activision Blizzard’s last quarter was a record
The company Activision Blizzard, after the purchase, the company King Digital Entertainment, for $ 5.9 billion, became the owner of the world’s largest gaming network, which included at that time more than 500 000 000 users, has published a report for the last quarter. For the publisher of video games, the first quarter of 2017 was a record on several indicators.
First, the reporting period brought Activision Blizzard income 1,726 billion. This is the highest first-quarter revenue ever received by the company. He not only is 19% more than last year’s result in the amount of 1,455 billion, but more forecast for the last quarter, equal 1,550 billion.
Second, the income generated via digital channels, too, was the largest. It amounted to 1.39 billion dollars, which is 50% more than last year.
Third, a record high was the profit per share. The value of this indicator equal to $ 0.56. A year ago was the result of 0.48 dollar, so there is an increase of 17%.
Finally, cash flow for the quarter amounted to 411 million dollars. This figure, which increased by 22%, also is largest for the first quarter.
Source: Activision Blizzard