Activision Blizzard Announces Fourth-Quarter and 2017 Financial Results
reporting record quarterly and full-year revenues, record full-year digital,
mobile and in-game revenues, and record full-year operating cash flow ($2.2
billion). This set of results includes word that the company raked in over $4
billion in microtransactions for the fiscal year:
- Activision Blizzard delivered a fourth-quarter
record of over $1 billion of in-game net bookingsB, and an annual record of
over $4 billion of in-game net bookingsB.
- King grew segment revenues and operating income
year-over-year, delivered record mobile net bookingsB in 2017, and increased
its average net bookingsB per paying user by a double-digit percentage
year-over-year. This quarter, King had two of the top-10 highest-grossing
titles in the U.S. mobile app stores for the seventeenth quarter in a row,
with Candy Crush Saga™ and Candy Crush Soda Saga™
at #1 and #2, respectively.3 The Candy Crush franchise grew consumer
spend sequentially for the fourth quarter in a row.
- Activision delivered record segment operating
income of over $1 billion with record operating margin of 38%. Activision
offered compelling downloadable content offerings, including Zombies
Chronicles for Call of Duty: Black Ops III,
Destiny 2’s expansion pass, Call of Duty: WWII’s
season pass, and additional live features, services and content.
- Blizzard delivered record segment revenues and
operating income for a year with no major game release, as they continued to
deliver continuous content across franchises including Overwatch,
Hearthstone, and World of Warcraft®.