Earnings
Earnings: Activision Delays Two Games; Matches Analysts’ Expectations
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Activision (NSDQ: ATVI) matched analysts’ expectations for the quarter, but the gaming giant said it was delaying the release of two games—Singularity and StarCraft II—into 2010 and therefore cut its outlook for its fiscal year. The company also said there was “uncertainty regarding” whether its blockbuster World of Warcraft game would relaunch in China.
| 2Q 2009 | Estimate | |
|---|---|---|
| EPS | $0.08 | $0.07 |
| Net Income | $156M | N/A |
| Revenue | $801M | $801M |
(Because of its merger with Vivendi’s gaming division last summer, comparisons to the year ago quarter are misleading and therefore not provided above)
Posted In: Entertainment, Games, Money, Earnings
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