This 1 Metric Shows Why Activision Blizzard Still Has Much More Fuel in the Tank
When Activision Blizzard (NASDAQ: ATVI) reported results earlier this month, the company exceeded expectations by nearly every metric. The generated revenue of $2.41 billion and adjusted earnings per share (EPS) of $1.21 surpassed analysts' consensus estimates of $2.38 billion and $1.17. Yet its robust top and bottom line growth didn't tell the entire story.
On this clip from Motley Fool Live recorded on Feb. 8, "The Wrap" host Jason Hall and Fool.com contributor Danny Vena discuss the recent results and why the steady growth in net bookings should have investors even more excited.
Source Fool.com
