Activision Blizzard Tells Investors to Temper Q4 Expectations
Activision Blizzard (NASDAQ: ATVI) still has all the tools needed to win in the competitive gaming industry. The company showed off that strength in its recent third-quarter earnings report, which included surprisingly high sales and earnings despite a continued shrinking of its gamer base.
CEO Bobby Kotick and his team held a conference call with investors to put those numbers into perspective with their long-term rebound plan. In the highlights below, executives describe how they're encouraged by the success of their latest launches, while cautioning shareholders to expect higher expenses during the crucial holiday quarter.
Image source: Getty Images.
Source Fool.com
