3 Reasons to Be Excited About Activision Blizzard After Its Q1 Results
Activision Blizzard (NASDAQ: ATVI) released its first-quarter results on May 4. The company beat analysts' expectations on the top and bottom lines with sales of $2.28 billion and earnings per share of $0.79 for the quarter. Management is guiding for $8.37 billion in 2021 sales, and the company says it wants to hire 2,000 more developers across its studios over the next few years.
Even though Activision Blizzard has had a strong showing the past 12 months, partially due to the COVID-19 pandemic, there is still a long runway for this company to grow over the next decade. Here are three reasons to get excited about its stock.
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Source Fool.com
