In the early morning of November 8, Activision Blizzard released its financial report for the third quarter of 2019,Activision Blizzard's net revenue in the third quarter was $1.282 billion, higher than the company's previous forecast of $1.105 billion, but lower than the same period last year's $1.512 billion; its net profit was $204 million, down 22% from the same period last year's $260 million.
Prior to the opening of Blizzard carnival on November 2, Blizzard announced a series of new news, such as "Diablo 4", "watch pioneer 2", "world of Warcraft 9.0: Shadow kingdom", etc.
And on Activision's side, "call of duty 16: modern war" attracted $600 million in its first three days, setting the fastest record in the series. According to Activision, the sales volume of "call of duty 16: modern war" in these three days is more than that in the first three days of previous works on the console, which is the most popular game on the console platform in 2019. At the same time, it has also created a new record of digital game distribution in the history of Activision.
However, Blizzard cautiously predicted that the net revenue in the fourth quarter would be $1.812 billion, which was lower than the expectation; the earnings per share would be $0.29, and the earnings per share would be $0.43, which was not adjusted in accordance with the general accounting standards of the United States, which was lower than the expectation.
Activision BlizzardThird quarter results exceeded Wall Street analysts' expectations, but fourth quarter and full year results did not meet expectationsAs a result, its share price fell more than 2% after hours.