Activision’s $1.04B revenues surged past expectations last quarter

Activision is rocking the gaming world today with the news that it’s in the works to buy Candy Crush Saga publisher King for $5.9 billion, but the company also had a monster third quarter.

The Call of Duty publisher revealed that it generated $1.04 billion in revenues during the three-month period ending September 30. That is down 11 percent from the same period last year when the company generated $1.17 billion, but it is well beyond Wall Street consensus. Analysts were predicting that Activision would generate around $951.73 million. The experts also expected the company to bring in earnings of 16 cents per share, but Activision bested that with 21 cents per share. This means that, even before acquiring King, Activision is already one of the most lucrative companies in the space. But once the deal goes through, and Candy Crush Saga is sitting alongside World of Warcraft, Destiny, and Call of Duty, Activision may have more ways of making in money from games than any other company on Earth.