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Activision Blizzard's Financials Show +10% Increase

Posted May 05, 2016 by Suzie Ford

Activision Blizzard's Financials Show +10% Increase

Activision Blizzard has released financial documentation for Quarter 1 2016 indicating that the GAAP revenues are up approximately 10% year-over-year. Monthly active users (MAUs) across all properties are up 23% including Hearthstone's record 50 million registered users. 

Bobby Kotick, Chief Executive Officer of Activision Blizzard, said, "This quarter we over-performed our non-GAAP February guidance by $108 million in revenue and $0.12 in earnings per share. We have a strong core business and more opportunities ahead of us than ever before, and talent continues to be our greatest asset."

Kotick added, "We are grateful to be honored again by FORTUNE as one of the ‘100 Best Companies to Work For,' moving up 19 spots in the ranking from last year."

Kotick continued, "Our long-term growth prospects have never been more exciting and we are fortunate to have the most able, capable people to pursue them."

Destiny continues to perform well with 30M users. World of Warcraft only received mention with regard to the release of Legion in September.

Read the full report on the Activision-Blizzard Investor Relations site.

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Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom

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