On a non-GAAP basis, Activision Blizzard’s operating margin was 32% and earnings per diluted share was $0.91, as compared with $0.48 for the second quarter of 2022.Īctivision Blizzard generated $590 million in operating cash flow for the quarter as compared with $198 million for the second quarter of 2022.įor the quarter ended June 30, 2023, Activision Blizzard’s net bookings B were $2.46 billion, as compared with $1.64 billion for the second quarter of 2022.
GAAP earnings per diluted share was $0.74, as compared with $0.36 for the second quarter of 2022. GAAP net revenues from digital channels were $2.01 billion. Please refer to the tables at the back of this earnings release for a reconciliation of the company’s GAAP and non-GAAP results.įor the quarter ended June 30, 2023, Activision Blizzard’s net revenues presented in accordance with GAAP were $2.21 billion, as compared with $1.64 billion for the second quarter of 2022. While we continue to have concerns about the economy and growing industry competition, we remain focused on the long-term opportunities ahead and completing our merger with Microsoft.” “Most importantly, we continue to set new standards of excellence for workplace culture and provide joy and connection to hundreds of millions of players around the world. We delivered a 50% year-over-year increase in net bookings, operating income growth over 70%, earnings per share growth over 80%, and a record quarter for Blizzard with over $1 billion in net bookings for the first time,” said Bobby Kotick, CEO of Activision Blizzard. “This quarter, our talented teams delivered strong performance for our players and shareholders. (Nasdaq: ATVI) today announced second quarter 2023 results. SANTA MONICA, Calif.-(BUSINESS WIRE)-Jul. Activision Blizzard Board Declares $0.99 Per Share Dividend. Merger Agreement with Microsoft Extended to OctoIn Return for Higher Termination Fee, New Commercial Arrangements. Second Quarter GAAP Operating Income and Segment Operating Income Each Grew Over 70% Year-Over-Yearīlizzard Delivered Its First $1B Net Bookings Quarter and Record Segment Operating Income, Driven by the Successful Launch of Diablo IV Second Quarter Net Bookings Grew 50% Year-Over-Year
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