четверг, 15 марта 2012 г.

Activision reports higher 1Q earnings, revenue

NEW YORK (AP) — Activision Blizzard Inc. said Monday that its first-quarter net income and revenue grew, helped by strong demand for digital offerings such as downloadable content for the popular "Call of Duty" games.

The video game publisher raised its guidance for the full year, but its outlook for the current quarter was short of analysts' expectations. Activision has a history of providing conservative guidance. CEO Bobby Kotick said he feels good about the company's business prospects.

Net income for the first three months of the year was $503 million, or 42 cents per share. That's up 32 percent from $381 million, or 30 cents per share, a year ago.

Activision's …

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