EXCLUSIVE: Activision CFO Tells Benzinga 'Diablo IV's launch drove Blizzard's best quarter on record, leading to over $1B in net bookings and operating income growing over 300% year-over-year'
Portfolio Pulse from Happy Mohamed
Activision's CFO has announced that the launch of 'Diablo IV' led to Blizzard's best quarter on record, with over $1B in net bookings and operating income growing over 300% year-over-year.
July 25, 2023 | 7:04 pm
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Activision's record-breaking quarter, driven by the successful launch of 'Diablo IV', resulted in over $1B in net bookings and a 300% YoY increase in operating income.
The successful launch of 'Diablo IV' has significantly boosted Activision's financial performance, leading to a record-breaking quarter. This positive news is likely to increase investor confidence and could potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100