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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:
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