Activision Blizzard Q4 Profit Down - Quick Facts

(RTTNews) - Activision Blizzard, Inc. (ATVI) Thursday reported fourth-quarter profit of $174 million or $0.22 per share, down from $354 million or $0.31 per share in the same period last year.

Adjusted net income for the quarter was $0.79 per share. On average, 25 analysts polled by Thomson Reuters expected the company to earn $0.73 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $1.52 billion from $1.77 billion last year. Adjusted revenues for the quarter were $2.27 billion. Analysts expected revenues of $2.22 million.