Call of Duty: Black Ops III in action.
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Activision Blizzard beats Wall Street Q1 earnings expectations

Activision Blizzard reported earnings today that beat the expectations of Wall Street analysts during its first fiscal quarter ended March 31. And its stock price has risen 3.8 percent in after-hours trading as a result.

The first quarter earnings are closely watched, Activision Blizzard is the largest video game publisher in the U.S., and its results are a bellwether for the $99 billion global game industry (based on market researcher Newzoo’s estimates). The company beat expectations in part because of the outstanding performance from Call of Duty: Black Ops III, the latest installment in a series that has generated more than $15 billion over a decade.

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Written by

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.