Activision Blizzard Crushed Earnings. Is It a Buy?
In today's video I'm going to discuss Activision's (NASDAQ: ATVI) first-quarter earnings and talk about its future. In a previous video I shared my thoughts on the company and told you why I was buying it.
The company reported first-quarter revenue of $2.07 billion versus the $1.79 billion expected, and earnings per share of $0.84 versus the $0.71 expected.
Revenue for the Activision segment (home to Call of Duty) was up 72% year over year. The company also reported a record 150 million monthly active users (MAUs) playing Call of Duty in the first quarter.
Source Fool.com
