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Activision Blizzard Inc Issues CY 2013 Guidance; Issues Q1 2013 Guidance Above Analysts' Estimates


Thursday, 7 Feb 2013 04:05pm EST 

Activision Blizzard Inc announced that for calendar year 2013, it expects GAAP-Net Revenues to be $4.085 billion and Non-GAAP Net revenues to be $4.175 billion. GAAP-EPS is expected to be in the range of $0.68 and Non-GAAP EPS to be $0.80. For the first quarter of 2013, it expects GAAP-Net Revenues to be $1.160 billion and Non-GAAP Net revenues to be $690 million. GAAP-EPS is expected to be in the range of $0.29 and Non-GAAP EPS to be $0.10. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $681 million and EPS of $0.09 for the first quarter of 2013.