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Activision Financials; Treyarch Making This Year's CoD

Activision Blizzard announces "record" fourth quarter and full year earnings per share, saying digital revenues are at an all-time high and announcing a stock buyback program. Along the way, CEO Bobby Kotick cites the success of Hearthstone: Heroes of Warcraft, and calls Destiny "the biggest new IP launch in industry history." VG247 also has details from their post-earnings conference call, where they confirmed Treyarch is the developer on a new Call of Duty game coming this year, and that the CoD franchise has now made the company over $11 billion (in case you were thinking of questioning the wisdom of their annual releases). Here are some big numbers to crunch:

For calendar year 2014, Activision Blizzard delivered record non-GAAP earnings per diluted share of $1.42, as compared with $0.94 per diluted share for 2013. On a GAAP basis, the company delivered record earnings per diluted share of $1.13, as compared with $0.95 per diluted share for 2013.

For calendar year 2014, Activision Blizzard delivered non-GAAP net revenues of $4.81 billion, as compared with $4.34 billion for 2013. On a GAAP basis, the company delivered net revenues of $4.41 billion, as compared with $4.58 billion for 2013. For the calendar year, non-GAAP net revenues from digital channels were $2.20 billion and represented a record 46% of the company’s total net revenues. On a GAAP basis, for the calendar year 2014, net revenues from digital channels were $1.90 billion and represented 43% of the company’s total revenues.

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