Activision Blizzard Profit Advances In Q1

(RTTNews) - Activision Blizzard (ATVI) revealed earnings for its first quarter that increased from last year

The company's earnings totaled $740 million, or $0.93 per share. This compares with $395 million, or $0.50 per share, in last year's first quarter.

Excluding items, Activision Blizzard reported adjusted earnings of $866 million or $1.09 per share for the period.

The company's revenue for the quarter rose 34.5% to $2.38 billion from $1.77 billion last year.

Activision Blizzard earnings at a glance (GAAP) :

-Earnings (Q1): $740 Mln. vs. $395 Mln. last year. -EPS (Q1): $0.93 vs. $0.50 last year. -Revenue (Q1): $2.38 Bln vs. $1.77 Bln last year.