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Activision Blizzard Inc Reaffirms CY 2013 Guidance; Issues Q3 2013 Guidance; Revenue Guidance Above Analysts Estimates

Thursday, 1 Aug 2013 04:05pm EDT 

Activision Blizzard Inc announced that for calendar year 2013, it expect GAAP net revenues of $4.31 billion as compared to its previous outlook of $4.22 billion and GAAP earnings per diluted share of $0.77 as compared with the Company's previous outlook of $0.73 per diluted share. For non-GAAP, the Company is reaffirming its calendar year outlook of $4.25 billion in net revenues and EPS of $0.82 per diluted share. For third quarter of 2013, it expects GAAP net revenue of $635 million and EPS of $0.03, Non-GAAP net revenue of $585 million and EPS of $0.03. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $577 million and EPS of $0.03 for the third quarter of 2013. 

Company Quote

0.34 +1.79%
11:39am EDT