Tag Archives: atvi

Warner Bros. tops game charts with Lego, Batman

Warner Bros. Interactive Entertainment, a unit of Time Warner (TWX), has become a powerhouse in the traditional video game business. In July, Warner Bros. had the top two best-selling video games at U.S. retail, besting such major publishers as Activision Blizzard (ATVI) and Electronic Arts (EA). Its family-friendly game “Lego Jurassic World” was No. 1, followed by gritty comic book saga “Batman: Arkham Knight.” Warner Bros. had three titles in the top 10 last month, with “Mortal Kombat X” coming in eighth place, retail tracker NPD Group reported late Thursday. Activision and Electronic Arts each had two games in the top 10 in July, NPD said.

Activision hits high score on Q2 beat, guidance

Activision Blizzard (ATVI) leaped to a record high on Wednesday, a day after the video game publisher reported better-than-expected second-quarter sales and earnings. Activision stock was up 12.1% to 28.77 in late morning trading on the stock market today. Late Tuesday, the Santa Monica, Calif.-based company said that it had earned 13 cents a share excluding items, up 117% year over year, on sales of $759 million, up 15%, in the second quarter.

Activision Blizzard Levels Up On Q2 Earnings Beat

Activision Blizzard (ATVI), the publisher of “Call of Duty” and other hit video game series, late Tuesday crushed Wall Street’s second-quarter estimates and raised its full-year outlook. Activision stock was up more than 6% in after-hours trading Tuesday following the earnings release. If that holds in Wednesday’s regular session that would mark a new high for Activision stock, which rose a fraction to 25.67 in Tuesday’s regular session.