“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.
-Advertisement-
Blizzard Entertainment Parent Reports Revenue, EPS Rise
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Unlimited access to OCBJ.com
- Daily OCBJ Updates delivered via email each weekday morning
- Journal issues in both print and digital format
- The annual Book of Lists: industry of Orange County's leading companies
- Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!
-Advertisement-
