Activision Blizzard Bottom Line Rises 152% In Q3

(RTTNews) - Activision Blizzard (ATVI) revealed a profit for its third quarter that climbed from last year.

The company said its bottom line rose to $371 million, or $0.49 per share. This was up from $147 million, or $0.20 per share, in last year's third quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 58.4% to $1568 billion. This was up from $990 billion last year.

Activision Blizzard earnings at a glance:

-Earnings (Q3): $371 Mln. vs. $147 Mln. last year. -Earnings Growth (Y-o-Y): 152.4% -EPS (Q3): $0.49 vs. $0.20 last year. -EPS Growth (Y-o-Y): 145.0% -Analysts Estimate: $0.42 -Revenue (Q3): $1568 Bln vs. $990 Bln last year. -Revenue Change (Y-o-Y): 58.4%

-Guidance: Next quarter EPS guidance: $0.40 Next quarter revenue guidance: $1.856 Bln Full year EPS guidance: $1.92 Full year revenue guidance: $6.450 Bln