Activision Blizzard Announces Better-Than-Expected and Record Second Quarter
2016 Financial Results. These include strong growth and a record billion
dollars in digital revenue for the quarter. Here's a rundown of revenue, "On a
Non-GAAP (as previously defined) basis, the company’s net revenues were a Q2
record $1.61 billion, as compared with $759 million for the second quarter of
2015, an increase of 112%. Non-GAAP (as previously defined) net revenues from
digital channels were an all-time quarterly record of $1.40 billion, up 76%
quarter-over-quarter and 129% year-over-year. Non-GAAP (as previously defined)
earnings per diluted share were a Q2 record $0.54, as compared with $0.13 for
the second quarter of 2015, an increase of 315%. Note that we are providing
these Non-GAAP (as previously defined) measures for comparability one last time
this quarter." Here are some highlights, including word that over 15 million
gamers are playing Overwatch:
Audience Reach
- Activision Blizzard had 491 million Monthly Active
Users (MAUs) in the quarter.
- Blizzard had the biggest quarterly online player
community in its history, with MAUs of 33 million, up 29%
quarter-over-quarter and 13% year-over-year. This reflects the successful
launch of Overwatch® and strength across the broader portfolio, including
Hearthstone®: Heroes of Warcraft™, which had record quarterly MAUs, and
World of Warcraft®, which had double-digit MAUA growth quarter-over-quarter
and year-over-year.
- On May 24, 2016, Blizzard launched Overwatch which
now has over 15 million players globally, including box and digital sales,
internet game room players, and multi-user console households. In China,
Overwatch broke the previous record set by Diablo® III as the
fastest-selling PC game in the market’s history. Overwatch also currently
holds the number one position in Korean Internet Game Rooms with over 30%
share of play time.
- Activision had the biggest second quarter online
player community in its history, with MAUs of 49 million, up 11%
year-over-year. Activision continues to have four of the top ten games on
current-generation consoles life-to-date, including Call of Duty®: Black Ops
III at No. 1.
- King MAUs of 409 million declined in the quarter
as expected due to seasonal trends and launch timing. King had three of the
top-15-grossing titles in the U.S. mobile app stores for the tenth quarter
in a row.