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.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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

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.
Bron: CNBC - 🏆 12. / 72 Lees verder »

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..
Bron: engadget - 🏆 276. / 63 Lees verder »