Investing.com - Activision Blizzard reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Activision Blizzard announced earnings per share of $0.68 on revenue of $1.78B. Analysts polled by Investing.com EPS of $0.51 on revenue of $1.72B.
Activision Blizzard 's are up 6% and is trading at $71.42 , still down 18.18% from its 52 week high of $86.90 set on Tuesday, January 18, 2022.
Activision Blizzard shares gained 0.45% to trade at $71.42 in after-hours trade the report.
Activision Blizzard follows other major Communication Services sector earnings this month
Activision Blizzard's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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