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'Call Of Duty', 'Candy Crush' Help Activision Blizzard Hit Record Numbers In Q1
Tuesday, May 4, 2021 - 5:35pm | 421Activision Blizzard Inc (NASDAQ: ATVI) reported revenue of $2.28 billion in the first quarter, coming in higher than last year’s $1.79 billion and also beating the company’s guidance of $2.02 billion. The company reported non-GAAP eps of 98 cents in the quarter. Digital revenue was...
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Activision Blizzard Rallies On Strong Q4 Report, 2021 Guidance
Thursday, February 4, 2021 - 5:45pm | 428Video game maker Activision Blizzard reported fourth-quarter and full-year earnings after the market close Thursday. What Happened: Fourth-quarter revenue was $3.05 billion for Activision Blizzard Inc (NASDAQ: ATVI). The figure beat street estimates of $2.83 billion. Fourth-quarter EPS of $1....
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Stock Wars: Activision Blizzard Vs. Electronic Arts Vs. Take-Two
Wednesday, September 30, 2020 - 8:01am | 1093Three of the largest video game companies have shown impressive five-year runs of their share prices. New console releases from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) will make their debut in fall 2020. Today’s Stock Wars looks at...
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Esports And 2 Other Things To Like About Activision Blizzard
Friday, February 7, 2020 - 1:58pm | 543Activision Blizzard, Inc. (NASDAQ: ATVI) shares were on the rise Friday and analysts reiterated Buy recommendations after the company's strong fourth-quarter report, with sell-side analysts bullish on the company's "loaded pipeline," lean into mobile and pursuit of ad dollars. The...
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'Candy Crush' Boosts Activision Blizzard, But The Market's Not Playing Along
Friday, May 3, 2019 - 1:05pm | 779Perhaps downtime and boredom are increasing: lots of people were playing "Candy Crush" on their phones in recent months. That’s good for the game’s maker, Activision Blizzard, Inc. (NASDAQ: ATVI), which otherwise has had a rough start to the year, including a major layoff...
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'Candy Crush,' 'Call Of Duty' Drive Top-Line Beat For Activision
Friday, August 4, 2017 - 10:00am | 315Activision Blizzard, Inc. (NASDAQ: ATVI) continued to surprise investors on Friday morning, trading down 3 percent after posting an unexpected second-quarter earnings beat on Thursday. The video game maker reported EPS of 43 cents and $1.42 billion in sales compared to the 30-cent and $1.22 billion...
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Activision Blizzard Still A Buy Despite 20% Share Pop, Says Argus
Wednesday, February 15, 2017 - 10:15am | 426Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) is still a Buy at Argus even after shares climbed 20 percent following the company’s strong fourth-quarter results, which were powered by "Overwatch" and King Digital’s "Candy Crush." Video Games The February 2016 acquisition of King...
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For Activision Blizzard, 'Overwatch' And 'Candy Crush' Strength Outweighs 'Call Of Duty' Weakness
Monday, February 13, 2017 - 1:48pm | 411Activision Blizzard, Inc. (NASDAQ: ATVI) crushed earnings expectations for its fourth quarter as "Overwatch" performed better than most anticipated and offset "Call of Duty" weakness. But, BMO Capital’s Gerrick Johnson prefers to remain on sidelines amid elevated investor expectations...
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6 Of The Most Ridiculous Video Games Turned Into TV Shows
Tuesday, October 18, 2016 - 12:39pm | 391If you think Hollywood couldn’t get any more ridiculous than an "Angry Birds" movie, you may not have heard about the new CBS Corporation (NYSE: CBS) show: Candy Crush. According to CBS, the show will be a live-action game show in the same spirit of "Wipeout" and "...
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'Pokémon GO' Popularity Is Officially In Decline
Wednesday, September 21, 2016 - 11:51am | 395"Pokémon GO" (Nintendo Co., Ltd (ADR) (OTC: NTDOY)-backed and Niantic developed)'s reign as the highest grossing app has officially ended, unofficially marking the peak of its popularity — at least for the time being. According to Sensor Tower, Pokémon Go held on to the top spot as the...
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'Overwatch' Success Is A New Tentpole For Activision Blizzard
Friday, August 5, 2016 - 10:04am | 327Activision Blizzard, Inc. (NASDAQ: ATVI) reported robust Q2 results, while raising its 2016 guidance. Baird’s Colin Sebastian reiterated an Outperform rating on the company, while raising the price target to $46. Robust Results Sebastian mentioned that the strong Q2 results were driven by the...
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'Overwatch' Could Be Key To Activision Blizzard's Q2 Numbers
Thursday, August 4, 2016 - 1:58pm | 453Optimism is building for Activision Blizzard, Inc. (NASDAQ: ATVI) as analysts anticipate another quarter of strong earnings. The stock is trading in the green ahead of the earnings announcement later in the day Thursday. The optimism is mainly due to the expected success of "Overwatch" across the...
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Mobile Game Revenue Expected To Grow By 21% To $36.87 Billion This Year, To Hit $52.5 Billion By 2019
Friday, July 29, 2016 - 8:25am | 404King Digital, now owned by Activision Blizzard, Inc. (NASDAQ: ATVI), was an early pioneer in mobile gaming with its popular "Candy Crush" game. The game also served as sufficient proof to investors that mobile game users had no problem dishing out $0.99 at a time to buy an extra few moves or lives...
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'Pachter Factor' Talks Nintendo, Virtual Reality And Gaming Stocks
Saturday, May 14, 2016 - 5:42pm | 438Michael Pachter is an analyst at Wedbush who weekly contributes to SIFTD.net about the video gaming world. In response to the prompt "does Nintendo Co., Ltd (ADR) (OTC: NTDOY) have enough resources to survive if the NX sells poorly? Must the NX be a hit for the company?" Michael Pachter responded...
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EXCLUSIVE: We May Have Found The Next 'Candy Crush'
Tuesday, May 3, 2016 - 3:29pm | 861Benzinga recently noticed an interesting comment on Danny Hammett's LinkedIn Corp (NYSE: LNKD) page: "Stay tuned for what's next. Our team is one created with the top talent globally on the mobile and console development ecosystem. We will be launching our first mobile title...