Activision Blizzard's Momentum Continues With Blowout Third Quarter
A steady stream of game updates and other services drove a blowout quarter for Activision Blizzard (NASDAQ: ATVI). Management annihilated its original revenue guidance, generating $1.62 billion in revenue against a target of $1.38 billion. The company also reported a massive beat on non-GAAP (adjusted) earnings per share, exceeding the original guidance of $0.34 per share by $0.13.
Here's how Activision did it.
Image source: CallOfDuty.com.
Source: Fool.com