Activision Blizzard Announces Third Quarter 2022 Financial Results, reporting on the quarter ending September 30th. This kicks off with a quote from CEO Bobby Kotick attributing the company's games to "passion and excellence," and saying the merger with Microsoft is expected to close in June 2023. Here are some numbers:

For the quarter ended September 30, 2022, Activision Blizzard’s net revenues presented in accordance with GAAP were $1.78 billion, as compared with $2.07 billion for the third quarter of 2021. GAAP net revenues from digital channels were $1.61 billion. GAAP operating margin was 27%. GAAP earnings per diluted share was $0.55, as compared with $0.82 for the third quarter of 2021. On a non-GAAP basis, Activision Blizzard’s operating margin was 34% and earnings per diluted share was $0.68, as compared with $0.89 for the third quarter of 2021.

Activision Blizzard generated $257 million in operating cash flow for the quarter as compared with $521 million for the third quarter of 2021.