ATVI Revenue

Activision Blizzard Has Strong Start to 2023

For the first quarter of 2023 ending 3/31/23, Activision Blizzard (NASDAQ: ATVI) reported revenue increased 35% over the previous year to $2.38 billion.  Net bookings were up 25% to $1.86 billion.  Net income for the quarter was $740 million compared with $395 million for the first quarter of 2022. In its financial release Activision commented on the U.K. CMA decision to block its acquisition by Microsoft.  The company stated: Activision Blizzard considers tha.....
CMA Microsoft Activision

Do CMA Findings Jeopardize Microsoft Activision Blizzard Deal?

The U.K. Competition and Markets Authority (CMA) published its latest findings in its ongoing inquiry into the Activision Blizzard merger.  These provisional findings are part of the ongoing Phase 2 investigation that started last September and is scheduled to be completed by April 26, 2023. The 275-page document concludes with two major issues: The full report is available .....
Activision Blizzard Bookings

Activision Blizzard Sees Bookings Soar

For the third fiscal quarter ending 12/31/22, Activision Blizzard (NASDAQ: ATVI) saw bookings soar to $3.56 billion, up 45% from the previous year’s quarter.  Net revenue was $2.3 billion with $1.2 billion in deferred revenue.  Call of Duty: Modern Warfare II saw the highest opening quarter sell-through in franchise history.  Blizzard reported its highest quarterly net bookings. Analysis The results for Activision Blizzard were quite strong.  Cal.....
Activision Blizzard Stock

Activision Stock Price Depends on Microsoft Acquisition

Activision Blizzard (NASDAQ: ATVI) was one of the strongest performers in the DFC Intelligence Video Game Stock Index for 2022.  From January 2022 to January 2023, ATVI stock price increased 15% versus an average 30% decline in the index.  Of course, the reason for the increase was that Microsoft announced plans to buy Activision Blizz.....
Activision Blizzard Revenue

Activision Blizzard Revenue Declines

For the third quarter ending 9/30/22 Activision Blizzard (NASDAQ: ATVI) saw revenue decline 14% from Q3 2021 to $1.8 billion.  For the first nine months of 2022 revenue was down 22% over the first nine months of 2021.  In a letter, ATVI CEO Bobby Kotick said the merger with Microsoft is expected to close by the end of Microsoft’s fiscal year on 6.....
Microsoft Activision CMA

Microsoft Acquisition of Activision Blizzard Enters Phase 2

One of the biggest issues of 2022 has been the potential Microsoft acquisition of Activision Blizzard. DFC Intelligence continues to argue that events of recent months indicate the deal is should get approved. Multiple Government Agencies Review the Deal There are several agencies around the globe looking at the Microsoft.....
Microsoft Acquisition of Activision Blizzard Should Be Approved

Microsoft Acquisition of Activision Blizzard Should Be Approved

Going into the last part of 2022 it is looking like the Microsoft acquisition of Activision Blizzard (ATVI) will be approved. Microsoft has successfully framed the deal as a means of improving its competitive position in the PC game and console game spaces, an area where Microsoft has struggled against Valve and Sony. However, becoming more competitive in the video game business is not the primary consideration driving the acquisition. The reality is that acquiring ATVI is not about Mi.....
Will Microsoft Acquisition of Activision Blizzard Go Through?

Will Microsoft Acquisition of Activision Blizzard Go Through?

The proposed acquisition of Activision Blizzard (NASDAQ: ATVI) by Microsoft is massive by any standards. Of course, it raises many questions. The video game industry is trying to gauge the potential impact of the deal. However, the bigger issue is what are the chances of this deal going through? And if it does occur how long will it take? When Microsoft announced it was buying Activision Blizzard for $95 a share the stock was tradin.....

End of content

End of content