Activision (ATVI) crushed analyst estimates for both EPS and revenue in the first quarter and posted record revenues for the fiscal year.
No surprise here: Call of Duty 4 and Guitar Hero III were the third- and fourth-best selling games in North America last year, respectively.
Revenue: $602.451, 93% increase y/y, more than analyst estimate of $369.12 million
EPS: $0.15, 400% y/y increase, more than analyst estimate of $0.05
Operating Income: $54.533 million, 287% increase y/y
Revenue: $2.90 billion, 92% increase y/y, higher than analyst estimate of $2.66 billion
EPS: $1.10, 293% increase y/y, higher than analyst estimate of $1.08
Operating Income: $479.614 million, 556% increase y/y
Guidance: For the next quarter, revenue is expected to be $500 million and EPS will be $0.04F. Excluding the impact of the merger with Vivendi, the EPS is expected to be $0.13.
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