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Activision Blizzard Financials

Activision Blizzard Announces Third-Quarter 2018 Financial Results are online, which they describe as "better-than-expected." Word is: "For the quarter ended September 30, 2018, Activision Blizzard’s net revenues presented in accordance with GAAP were $1.51 billion, as compared with $1.62 billion for the third quarter of 2017. GAAP net revenues from digital channels were $1.28 billion. GAAP operating margin was 18%. GAAP earnings per diluted share were $0.34, as compared with $0.25 for the third quarter of 2017." Gamasutra has a slide that goes with the results that sheds more light on the period, as it reveals that Destiny 2: Forsaken has "underperformed expectations." On the Blizzard side, they also show lower revenues for both Overwatch and Hearthstone, though they do not say this was unexpected.

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