Still in the process of being acquired by Microsoft (NASDAQ:MSFT), Activision Blizzard (NASDAQ:ATVI) remains an independent listed company for the time being and therefore continues to publish its financial results. Those for the first quarter of 2022 were released on Monday and showed a sharp decline in revenue and profits compared to the first quarter of 2021.
Low Demand for Call of Duty Hurt ActivisionThe video game maker missed first-quarter adjusted sales estimates. Activision's performance suffered from lower premium sales for 'Call of Duty: Vanguard' and lower engagement in 'Call of Duty: Warzone', with a ...
Read The Full Article On StockStreetNews.com
Get early insight on hidden secret gems on StockStreetNews . Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here .
All content provided by StockStreetNews is subject to our Terms Of Use and Disclaimer .
For further details see:
Activision Blizzard Starts 2022 With Lower Sales and Profits