Activision-Blizzard’s first quarter 2016 financial report just hit the internet, and the company is declaring “better-than-expected” financial results.
“For the quarter ended March 31, 2016, Activision Blizzard’s GAAP net revenues were a Q1 record $1.46 billion, as compared with $1.28 billion for the first quarter of 2015. On a non-GAAP basis, the company’s net revenues were a Q1 record $908 million, as compared with $703 million for the first quarter of 2015. For the first quarter, GAAP net revenues from digital channels were an all-time quarterly record of $926 million, up 59% year-over-year, and represented a Q1 record 64% of the company’s total revenues. On a non-GAAP basis, net revenues from digital channels were an all-time quarterly record of $797 million, up 48% year-over-year, and represented an all-time quarterly record of 88% of the company’s total revenues.”
MMORPG World of Warcraft is mentioned briefly, many bullet points down in the list.
“On August 30, 2016, Blizzard is expected to launch its highly anticipated World of Warcraft® expansion, Legion™, following the Q2 release of the Warcraft film, produced by Legendary Pictures, in theaters worldwide. World of Warcraft remains the No. 1 subscription‐based MMORPG in the world.”
Also of note, Destiny is counting 30 million players and is still on track for a new expansion, and Overwatch is still on the way later this month “already has millions of people playing” according to the report.
