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Blizzard Entertainment Parent Reports Revenue, EPS Rise

Activision Blizzard, the parent company of Irvine-based Blizzard Entertainment, said second-quarter revenue rose almost 19% to $2.3 billion, while earnings per share jumped to $1.12, beating analyst estimates.

“With respect to our financial performance, we are pleased that the company continued to deliver strong results in the second quarter, and we are raising our outlook for the year,” said Bobby Kotick, CEO of Activision Blizzard, in presenting the earnings for the quarter ended June 30.


Shares in Santa Monica-based Activision Blizzard rose 6.1% in after-hours trading to $84.70 apiece.


Earlier in the day, the company announced that Blizzard Entertainment President J. Allen Brack is leaving the video games maker, following a sexual harassment and discrimination lawsuit filed by California officials.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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