Activision Blizzard beats earnings expectations as digital revenues grow

Call of Duty publisher Activision Blizzard reported that its third-quarter earnings beat expectations on Wall Street even as gamers held back on spending before this month’s launches of the next-generation video game consoles.

CoD_Ghosts.watergunFor the three months ended Sept. 30, Activision Blizzard reported net income of 5 cents a share, up from 3 cents a share on a GAAP (generally accepted accounting practices) basis. GAAP revenue was $691 million, down from $841 million a year ago. Non-GAAP earnings were 8 cents a share, compared to 3 cents a year ago. Non-GAAP revenue was $657 million, down from $751 million a year ago.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.