Activision Blizzard’s Q1 earnings blow past estimates

Activision Blizzard Inc.

which is down 11% after the U.K. competition authority said it would not allow Microsoft’s $69 billion takeover of the gaming company, published its first-quarter earnings at day early on Wednesday. The company posted net income of $740 million, or 93 cents a share, for the quarter, up from 395 million, or 50 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.09, well ahead of the 51 cent FactSet consensus. Revenue rose to $2.383 billion from $1.

which is down 11% after the U.K. competition authority said it would not allow Microsoft’s $69 billion takeover of the gaming company, published its first-quarter earnings at day early on Wednesday. The company posted net income of $740 million, or 93 cents a share, for the quarter, up from 395 million, or 50 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.09, well ahead of the 51 cent FactSet consensus. Revenue rose to $2.383 billion from $1.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Microsoft’s Activision Blizzard acquisition blocked by UK regulatorsMicrosoft says it will appeal the decision
Herkunft: verge - 🏆 94. / 67 Weiterlesen »

Britain blocks Microsoft's $69 billion acquisition of Activision BlizzardBritain's top competition regulator on Wednesday moved to block Microsoft's acquisition of video game publisher Activision Blizzard.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

UK regulator blocks Microsoft's Activision Blizzard merger over cloud concerns | EngadgetRegulators say the deal would hand Microsoft the bulk of the cloud gaming market..
Herkunft: engadget - 🏆 276. / 63 Weiterlesen »