Activision Blizzard Inc (ATVI)

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For the March quarter, Activision posted revenue of $981 million, comfortably beating its outlook of $860 million. Excluding charges, the games manufacturer enjoyed sales of $724 million, well above its prediction of $550 million. Analysts had forecast sales of $593.28 million.
Activision, which was still in the throes of its reverse merger with Vivendi this time last year, did not offer a year-over-year comparison, but comfortably beat earnings estimates.

The firm reported earnings of 14 cents a share, well above its own estimate of 8 cents a share. Excluding charges, the video game specialist earned 8 cents a share, beating its forecast of 3 cents a share and analysts' 5-cent estimate.