Investing.com-Activision Blizzard (NASDAQ :) reported in the second quarter of Tuesday that it outperformed analysts’ forecasts and higher-than-expected earnings.
Activision Blizzard announced $ 0.91 in earnings per share for $ 1.92 billion in revenue. Analysts polled by Investing.com expected $ 0.7549 EPS for $ 1.89 billion in revenue.
Activision Blizzard’s share price has fallen 13% since the beginning of the year, trading at $ 78.59 from its 52-week high, below the S & P 500, which has risen 17.8% since the beginning of the year.
Activision Blizzard’s share price fell 1.59% in after-hours trading in the report.
Activision Blizzard follows revenues from other major telecommunications services sectors this month
Activision Blizzard’s report shows that Alphabet C outperformed revenue on July 27th. AlphabetC reported an EPS of $ 27.26 with revenue of $ 6.188 billion, compared to an EPS of $ 19.33 with revenue of $ 5.69 billion.
Facebook exceeded expectations on July 28, with second-quarter EPS of $ 2.908 billion in revenue of $ 3.61 and EPS of $ 2.785 billion in revenue of $ 3.04.
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Activision Blizzard Revenue, Investing.com Revenue Increase in Q2
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