Activision Blizzard Second Quarter 2020 Financial Results Exceed Expectations

posted 2020/08/04 at 5:16 PM by Archimtiros

powerpoint presentationfirst quarter coverageShadowlandsCall of Duty: MobileWarzonemore than half their total players are femaleCall of Duty Endowmentover 72,000 veteransgames are recession proofElectronic ArtsTake-Two Interactive“Our mission to connect and engage the world through epic entertainment has never been more meaningful. Our 400 million players continue to experience fun, joy and accomplishment through our games. Our record engagement resulted in greater revenue and earnings per share than previously forecast. While economic uncertainty could have an impact on our near-term results, the initiatives that drove our growth for the first half of the year should also provide the foundation for long-term growth.”
- Bobby Kotick, Chief Executive Officer of Activision BlizzardHighlightsActivision

125 million monthly active users (MAUs) in the second quarter.

Call of Duty: Warzone has reached over 75 million players, and hours played have increased eight-fold.

Call of Duty Mobile saw strong growth and climbed the top-grossing charts in US app stores.

Call of Duty in-game net bookings reached a new quarterly record, around five times higher than a year ago.

Blizzard Entertainment

32 million monthly active users (MAUs) in the second quarter.

World of Warcraft engagement has increased sequentially since launch of Classic, specifically citing engagement with Ahn'Qiraj in July.

Enthusiastic response from Shadowlands testing and increased pre-sales, with franchise engagement ahead of an expansion at its highest point in a decade.

A significant number of returning players to Overwatch, with engagement growing year over year.

Hearthstone continues to build on the success of Battlegrounds and live operations, with new expansions, engagement features, and a new game mode planned.

Diablo: Immortal entry into mobile looks great with internal company play testing starting in the coming weeks.

King

271 million monthly active users (MAUs) in the second quarter.

Candy Crush grew by double-digit percentages, and is once again the top grossing franchise in the U.S. mobile app stores. It continues to drive high engagement, even as shelter-at-home conditions taper off.

Crash Bandicoot: On the Run coming to mobile, with deep social and resource management elements.

World of WarcraftCall of Dutyprojects which are still in a creative stagevirtual event early next yearDiablo: Immortal

Comments

12 3

Next › Last »

Comment by ZtinktoofWonder if underpaid employees help that at all? 🧐Comment by TyrosaurPerfectly timed story compared to yesterday's piece by Bloomberg.

slow clapComment by Wiccachiccai Honestly forgot they had king under them,Comment by radicarlDisgusting to see following the article about how underpaid their employees are.Comment by RatchyMatchyWonderful timing.Comment by ArchimtirosDisgusting to see following the article about how underpaid their employees are.Comment by NordrexThis comment section should be good. I'll go get my popcorn.Comment by Kherneasprofits are up, time to lay people offComment by XfadeBobby's gonna get a big fat bonus!Comment by LappeA52I wonder why.Comment by LappeA52Disgusting to see following the article about how underpaid their employees are.Comment by TheArchivist95Lol imagine being a near-homeless employee and reading this.

What a world. What a disgusting world.Comment by ArchimtirosDisgusting to see following the article about how underpaid their employees are.absolutelyrightComment by KrunklockDisgusting to see following the article about how underpaid their employees are.Comment by Lionhearte0Company: *exceeds expectations*

Employees: *sweats profusely*Comment by EmeraldBlueHey Blizzard? PAY YOUR EMPLOYEES WHO MADE THIS HAPPEN!Comment by okay17thanks to corona. they made this but still paying minimum wage to employees, therefore $%^&ty work on every game they have (playing all except starcraft series and overwatch). if they would pay little just little more to employees, they would hire and do better job but who cares about customers right? they just want money. look at wow nothing new on shadowlands, hots is dead, Cod full of cheaters, diablo (no changes for years), warcraft 3? old af nothing new just reworked graphics. creativity of this company is soo low atm, they just do new patches, expansions cos it is the only way to milk the cow.Comment by ShardenI love seeing the host of people who understand absolutely nothing about economics or business throwing out comments.

Further love the sick and entitled expectation that a company doing well means they should instead remove all profits and triple the wages of all the employees regardless of if that employee is performing a job worthy of that pay.

If Blizzard employees want more money and have a skillset that is worth more, then they should make that happen. Hella people complain about not making enough that have never had the courage to ask for a raise, negotiate benefits, or anything else.Comment by XaleaI love seeing the host of people who understand absolutely nothing about economics or business throwing out comments.

Further love the sick and entitled expectation that a company doing well means they should instead remove all profits and triple the wages of all the employees regardless of if that employee is performing a job worthy of that pay.

If Blizzard employees want more money and have a skillset that is worth more, then they should make that happen. Hella people complain about not making enough that have never had the courage to ask for a raise, negotiate benefits, or anything else.Comment by jimbowmanPerfectly timed story compared to yesterday's piece by Bloomberg.

slow clap

12 3

Next › Last »

« Next Post

Activision Blizzard Second Quarter 2020 Financial Results Exceed Expectations

Comments

Post a Comment