Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal

Activision said it planned to fully support Microsoft's efforts to appeal the decision, which has dealt an unexpected blow to the biggest-ever deal in gaming over concerns it would hinder competition in cloud gaming.

"We remain confident that our deal with Microsoft benefits competition, consumers and job creation in markets around the world, especially in the UK," Activision CEO Bobby Kotick said. After a slow 2022, gaming companies are rebounding this year, helped by the launch of new titles and updated consoles.

Activision reported quarterly bookings of $1.86 billion, compared with analysts' estimate of $1.79 billion, according to Refinitiv. Mobile net bookings for its King division recorded double-digit growth, while pre-sales for its "Diablo IV" were also strong. The game is due for release on June 6.Net income rose to $740 million, or 93 cents per share, from $395 million, or 50 cents per share, a year earlier.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

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.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

UK To Block Microsoft's Activision Blizzard AcquisitionMicrosoft runs into its first major block against the ActivisionBlizzard merger as the UK's CMA will be blocked by week's end. Activision BlizzardEntertainment
منبع: bleedingcool - 🏆 20. / 69 ادامه مطلب »

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

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..
منبع: engadget - 🏆 276. / 63 ادامه مطلب »