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Activision Blizzard stock rises after earnings beat, as player engagement rises amid coronavirus
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The company reported first-quarter net income of $505 million, or 65 cents a share, compared with $447 million, or 58 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation, among other things, earnings were 76 cents a share. Revenue fell to $1.79 billion from $1.83 billion in the year-ago period; Activision reported net bookings rose to $1.52 billion compared with $1.26 billion a year ago.
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https://www.marketwatch.com/story/activi...eid=yhoof2
![[Bild: ATVIc1dl0803.png]](https://finviz.com/publish/050620/ATVIc1dl0803.png)
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The company reported first-quarter net income of $505 million, or 65 cents a share, compared with $447 million, or 58 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation, among other things, earnings were 76 cents a share. Revenue fell to $1.79 billion from $1.83 billion in the year-ago period; Activision reported net bookings rose to $1.52 billion compared with $1.26 billion a year ago.
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https://www.marketwatch.com/story/activi...eid=yhoof2
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