Activision Blizzard Earnings: Another Beat and Raise

Activision Blizzard Earnings: Another Beat and Raise

Activision Blizzard's (NASDAQ: ATVI) winning streak is intact. The video game publisher this week announced quarterly results that -- for the seventh consecutive time -- beat management's guidance. The business continues to benefit from gamers' growing demand for digitally delivered content, and Activision's deep portfolio of intellectual property helped it set records for audience size, engagement, and player spending.

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Let's take a closer look at the third-quarter results.

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Source: Fool.com