Activision Blizzard Q3 Earnings: Engagement Stays High Even as Economies Are Reopening
Activision Blizzard (NASDAQ: ATVI) creates and sells games played on personal computers, mobile devices, and gaming consoles. The company experienced a surge in new players and engagement at the pandemic onset. As the economy reopens, some are wondering if that surge will reverse.
The latest earnings report, released Tuesday, suggests the engagement is still there. But it also provided a different cause for concern. Let's look at the good and the potentially bad of what was reported.
Activision Blizzard stock falls after Q3 earnings reveal game delays. Image source: Getty Images.
Source Fool.com