Scalper1 News
Video game publisher Activision Blizzard (ATVI) delivered better-than-expected Q1 results late Tuesday as it prepares for a coming “Storm” next month. The Santa Monica, Calif.-based company earned 16 cents a share excluding items, down 16% from Q1 2014, on sales of $703 million, down 9%. Analysts polled by Thomson Reuters expected 7 cents EPS on sales of $655 million. Activision stock was up more than 5% to above 24 in afternoon trading in the stock market today. Activision stock hit an all-time high of 24.50 in intraday trading. Activision’s Q1 was fueled by the continued success of its “Call of Duty” and “Hearthstone” franchises. Scalper1 News
Scalper1 News