Activision Blizzard Increases CY17 Revenues And EPS Outlook - Quick Facts

(RTTNews) - Activision Blizzard, Inc. (ATVI) announced, for 2017, the company now expects non-GAAP earnings per share of $1.94, and net revenues of $6.40 billion. For the third-quarter, the company expects non-GAAP earnings per share of $0.34, and net revenues of $1.39 billion.

For the quarter ended June 30, 2017, on a non-GAAP (redefined) basis, Activision Blizzard's earnings per share were $0.55, compared with $0.45 for the second quarter of 2016, an increase of 22%. Net revenues in accordance with GAAP were $1.63 billion, as compared with $1.57 billion for the second quarter of 2016, an increase of 4%.