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Activision Blizzard (ATVI): Q2 EPS of $0.20 beats by $0.08. Revenue of $1.05B (+50% Y/Y) beats...

Activision Blizzard (ATVI): Q2 EPS of $0.20 beats by $0.08. Revenue of $1.05B (+50% Y/Y) beats by $219M. Expects Q3 revenue of $690M and EPS of $0.07, below consensus of $728.1M and $0.12. Expects 2012 revenue of $4.63B and EPS of $0.99, slightly above consensus of $4.58B and $0.98. Shares -0.6% AH. (PR)

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Comments (2)
  • pman6
    , contributor
    Comments (270) | Send Message
     
    well that was stupid. follow up a good quarter with an outlook like that.
    stock tanks again.
    No new games are coming out this quarter. Of course EPS will be lower. Hacks expected 0.12 eps, same as last quarter when Diablo3 came out?? BlackOps2 is coming in November. Should be another multimillion hitter.
    2 Aug 2012, 04:23 PM Reply Like
  • Henry Tan
    , contributor
    Comments (61) | Send Message
     
    The only thing that really matters is WOW, with 10% decline in subscription, ATVI will be hurt in a long run. I personally believe "Call of Duty Online“ in China would help the company, the rest wouldn't matter
    3 Aug 2012, 10:11 AM Reply Like
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