Slight decline in revenue in the first quarter of Activision Blizzard

The company said goodbye recently to about 800 employees, but yields positive numbers for investors.

Activision Blizzard has had its meeting with investors to communicate the results of the first quarter of its fiscal year, which is considered the beginning of a year of trasnsición that will be marked by the dismissal, this month of February, of about 800 workers, when they announced profits of record.

The company has recorded net income by value of 1830 million dollars,, thus exceeding the forecasts of 1720 million dollars. This is a slight decrease compared to the same period of the previous year, when it reached 1970 millions of dollars in revenue. With these results the company will pay a dividend of 0.37 usd per share to the investors.

Activision has brought 317 million and Blizzard 344 million. The largest contributor of the economy is King, which amount to us $ 529 million. The numbers Activision and King are similar to those of last year, and it is Blizzard that has reduced to 16% of their income.

The company has seen how to digital sales have risen 76% that puts the sales revenue of physical format in just 17% of the total.

In terms of platforms, andl PC represents a 27% mobile 29% and all the consoles in your set amount to a 37%, but have not been given detailed data on how to distribute the sales between the consoles of Nintendo, Sony and Microsoft.

the total For the fiscal year, the company keeps its forecasts of 6030 million dollars in net income, and 6300 million in financing.

Slight decline in revenue in the first quarter of Activision Blizzard
Source: english  
May 4, 2019

Next Random post