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Activision Blizzard’s Q3 2017 Financials Better Than Expected

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Activision Blizzard today announced its financial results for the quarter ended September 30, 2017 and reported net revenue at a Q3 record of $1.62 billion, as compared with $1.57 billion during the same period last year, up 3% YoY.

In Q3 2017, Activision accounted for the largest share in net revenue at $759 million, up 101% Year-on-Year, while Blizzard and King reported net revenue of $531 million and $528 million respectively.  According to the financial report, Activision achieved a ‘record Q3 segment revenues and operating income, capping record year-to-date performance’

Bobby Kotick, Chief Executive Officer of Activision Blizzard, said, “This was another strong quarter. We delivered record results and impressive engagement. With the recently released Destiny 2 off to a strong start, King’s position as the number one mobile publisher in the U.S., our release of Call of Duty®: WWII, and the upcoming launch of the Overwatch League™, we have great momentum as we approach the end of the year.”

Key highlights from the Q3 2017 Financial report include:

  • Activision had the biggest third-quarter online player community in its history, with a record 49 million Monthly Active Users (MAUs).
  • Activision and Bungie’s Destiny 2 is well ahead of the original Destiny on time spent per player and attach rate to the Expansion Pass. With the launch of the game on PC, Destiny 2 is now ahead of the original game in consumer spend as well.
  • Pre-order momentum for the highly anticipated Call of Duty: WWII launched today has been strong, with a higher percentage of pre-orders on the digital offering than previous Call of Duty titles.
  • Blizzard had the biggest third quarter online player community in its history, with a record 42 million MAUs. Overwatch® and Hearthstone® MAUs grew year-over-year. The Overwatch community grew to over 35 million registered players.

The full Activision Blizzard Financial Report release can be found here

The post Activision Blizzard’s Q3 2017 Financials Better Than Expected appeared first on Green Man Gaming Newsroom.


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