Blizzard diablo immortal cry9/2/2023 King remained the single biggest contributor to the company's top- and bottom line, posting segment net revenues up 8% year-over-year to $739 million. It noted that Overwatch 2 engagement had decreased from the previous quarter (when the game launched), but added that hours played were still about double what Overwatch was posting before it switched to a free-to-play model.īlizzard's monthly active users were up 23% year-over-year, but down 40% quarter-over-quarter. While Blizzard remains the smallest of the company's three divisions with $435 million in segment revenue, it showed the largest percentage gain of the quarter with sales up 62% to $435 million. The Activision segment saw revenue up 28% year-over-year to $580 million, as Modern Warfare 2 has not only set some of its own records, but is also facing an easier-than-usual comparison against the prior year's Call of Duty: Vanguard.ĭespite that, the Activision segment's monthly active users were down 2% year-over-year and 12% quarter-over-quarter to $98 million. "We continued to deliver strong results for our intellectual properties on the strategically-important mobile platform, with mobile net bookings growing double-digits year-over-year, driven by Candy Crush, Call of Duty Mobile and last year's launch of Diablo Immortal." "First quarter growth was broad-based, with net bookings increasing year-over-year in each of our five largest intellectual properties: Call of Duty, Candy Crush, Warcraft, Overwatch, and Diablo," the company said. A representative told, "We moved up earnings to answer questions that are already answered in the earnings materials we planned to release tomorrow." The company had originally told investors it would announce the results April 27 after the close of trading. Activision Blizzard suffered a setback today with the UK blocking its sale to Microsoft, but the publisher can take some solace in its freshly reported first quarter financial results, which showed growth across every division and major franchise.
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