ATVI - Activision Blizzard Non-GAAP EPS of $0.68 beats by $0.18 revenue of $1.78B beats by $70M

• Activision Blizzard press release ( NASDAQ: ATVI ): Q3 Non-GAAP EPS of $0.68 beats by $0.18 .
• Revenue of $1.78B (-14.0% Y/Y) beats by $70M .
• On a non-GAAP basis, Activision Blizzard’s operating margin was 34% and earnings per diluted share was $0.68, as compared with $0.89 for the third quarter of 2021.
• Activision Blizzard generated $257 million in operating cash flow for the quarter as compared with $521 million for the third quarter of 2021.
• For the quarter ended September 30, 2022, Activision Blizzard’s net bookings were $1.83 billion, as compared with $1.88 billion for the third quarter of 2021. In-game net bookings ^C were $1.36 billion, as compared with $1.20 billion for the third quarter of 2021.
• For the quarter ended September 30, 2022, overall Activision Blizzard Monthly Active Users (MAUs) were 368 million.
• Cash and short-term investments at the end of the second quarter stood at $10.9 billion, and Activision Blizzard ended the quarter with a net cash ^F position of approximately $7.3 billion.

• Shares -0.18% .

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