Friday, November 8, 2019

Activision Blizzard Announces Third-Quarter 2019 Financial Results

Activision Blizzard, Inc. today announced third-quarter 2019 results. For the quarter ended September 30, 2019, Activision Blizzard’s net revenues presented in accordance with GAAP were $1.28 billion, as compared with $1.51 billion for the third quarter of 2018. GAAP net revenues from digital channels were $1.01 billion. GAAP operating margin was 19%. GAAP earnings per diluted share were $0.26, as compared with $0.34 for the third quarter of 2018. For the quarter ended September 30, 2019, on a non-GAAP basis, Activision Blizzard’s operating margin was 27% and earnings per diluted share were $0.38, as compared with $0.42 for the third quarter of 2018. For the quarter ended September 30, 2019, operating cash flow was $309 million. For the trailing twelve-month period, operating cash flow was $1.91 billion.