Activision Blizzard has released its Q2 results for the 2013 financial year, reporting net revenue of $1.05-billion. The number is down from the same period in 2012, which generated $1.08 billion.<\/p>\n
Operating income was $430-million for the three months ending 30 June 2013.<\/p>\n
The company pulled in $387 million from digital channels, which made up 37% of the company\u2019s total revenue.<\/p>\n
Activision noted the Skylanders franchise as one of its strong cards, as well as the continued sales in the Call of Duty franchise.<\/p>\n
\u201cWe delivered strong quarterly and first half net revenues, operating income, and earnings,\u201d said CEO of Activision Blizzard, Bobby Kotick.<\/p>\n
\u201cYear to date, we generated a record $434 million in operating cash flow. However, despite this strength in the front half of the year,we remain cautious about the back half. The issues we previously identified, including increased competition in the second half of the year and uncertainties surrounding the console transition, remain on the horizon. We are confident that we will continue to successfully navigate industry challenges and find new opportunities to provide superior returns to our shareholders.\u201d<\/p>\n
Selected Business Highlights:<\/strong><\/p>\n In July, Activision Blizzard forked out approximately R79-billion<\/a> to buy back its shares from parent Vivendi, separating itself from the giant media company.<\/p>\n CoD Ghosts multiplayer gets \u201cdynamic event mechanic\u201d<\/a><\/b><\/p>\n Call of Duty Ghosts gameplay videos unveiled<\/a><\/strong><\/p>\n Call of Duty: Ghosts to be \u201cpowered by next-gen engine\u201d<\/a><\/strong><\/p>\n\n
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Source:\u00a0 Activision Blizzard Investor Relations<\/a><\/h6>\n
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