Activision Blizzard’s March Quarter Better Than Expected

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Due to the better-than-expected performance of its titles at retail, Activision Blizzard (NASDAQ:ATVI) announced today that its March quarter net revenues and earnings per diluted share are tracking ahead of the company’s prior outlook. On February 11, 2009, the company provided an outlook for the March quarter of $860 million in GAAP net revenues and GAAP earnings per diluted share of $0.08. On a non-GAAP basis, on February 11, 2009, the company provided an outlook of $550 million in net revenues and earnings per diluted share of $0.03.

On February 11, 2009, Activision Blizzard provided a calendar year outlook on a GAAP basis of $4.2 billion in net revenues and earnings per diluted share of $0.22 and on a non-GAAP basis of $4.7 billion in net revenues and earnings per diluted share of $0.61.

In : PC

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