Investing.com – Activision Blizzard (NASDAQ:) reported third quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.32 on revenue of $1.21B. Analysts polled by Investing.com expected EPS of $0.23 on revenue of $1.16B. That compared to EPS of $0.53 on revenue of $1.66B in the same period a year earlier. The company had reported EPS of $0.39 on revenue of $1.21B in the previous quarter.
Activision Blizzard shares gained 0.20% to trade at $54.63 in after-hours trade following the report.
Activision Blizzard follows other major Technology sector earnings this month
On October 30, Apple reported fourth quarter EPS of $3.03 on revenue of $64.04B, compared to forecasts of EPS of $2.83 on revenue of $63.01B.
Microsoft earnings beat analysts’ expectations on October 23, with first quarter EPS of $1.38 on revenue of $33.06B. Investing.com analysts expected EPS of $1.25 on revenue of $32.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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