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Activision Blizzard reported for the past quarter and for the year – operating profit fell significantly

Hazel Vasquez by Hazel Vasquez
February 7, 2023
in Games
Activision Blizzard reported for the past quarter and for the year – operating profit fell significantly
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Activision Blizzard reported for the past quarter and for the year - operating profit fell significantly: from NEWXBOXONE.RU

Activision Blizzard, which is currently in the process of merging with Microsoft, has published its latest financial report. This report shows the results for the last calendar quarter of 2022, that is, for the period from October to December, last year’s holiday season.

Some details from the Activision Blizzard report:

Income for the 4th quarter of 2022 increased compared to the 4th quarter of 2021: $2.33 billion against $2.16 billion. But at the same time, it decreased significantly over the year: $7.5 billion (2022) against $8.8 billion (2021) ).A fall operating profit even more noticeable, year-to-year comparison: $1.6 billion (2022) versus $3.2 billion (2021). In Q4 2022, operating income was $368 million, and in Q4 2021 it was at $682 million. Quantity monthly active users in Activision Blizzard games is at the level of 389 million.Subdivisionmonthly active usersProfitBlizzard $45 million $311 million Activision $111 million $1013 million King $233 million $310 millionCall of Duty: Modern Warfare II showed itself perfectly – the best start in the history of the series. It seems that in 2023 a new full-fledged part of Call of Duty will be released – Activision promises a “full premium release” (without clarification), earlier there were rumors that developers could release a big DLC ​​instead of a new game franchises.Blizzard Revenue and Net Profit grew by 90%, due to Overwatch 2 and World of Warcraft.

According to Activision Blizzard, the Microsoft deal is still expected to close by June 30, 2023.

Tags: ActivisionBlizzardfelloperatingprofitquarterReportedsignificantlyyear

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