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Activision Blizzard meets expectations in Q3 2021, but stock tanks with 2 game delays

Activision Blizzard‘s net bookings of $1.88 billion in the third quarter ended September 30 matched expectations on Wall Street, with the net bookings rising 6% compared to $1.77 billion a year ago — a difficult comparison since the pandemic lifted gaming revenues dramatically a year ago.

Overall, the report for the quarter is a mix of good and so-so news at a time when the company’s only major release was the launch of the remaster Diablo II: Resurrected.

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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.