On the eve of the publishing house Activision Blizzard published a quarterly report for the last three months, which showed that the overall decline in financial indicators is almost everywhere observed. The company warned investors that 2019 could be called “transition year”.
Last quarter net revenue Activision Blizzard GAAP declined 17% to $ 1.99 billion, while net income dipped 23% to $ 525 million. The company’s annual performance was slightly better: net revenue fell 13% to $ 6.49 billion, while net profit fell 19% to $ 1.5 billion.
Throughout the company, the number of monthly active users has grown to 409 million. In the previous quarter, it was said about 316 million users. Probably most of this increase is due to the October debut of the shareware mobile game. Call of duty mobileWith more than 150 million installations. It is worth noting that the good news for Activision did not end there, since the creators of the flagship shooter series became the only unit that reported revenue growth for the fourth quarter or the whole year. Compared to released in 2018 Call of Duty: Black Ops 4, increased copies sold and in-game purchases Call of Duty: Modern Warfare as a percentage, reached double digits. Activision’s annual revenue fell 10% to $ 2.22 billion, and the loss of Destiny was a factor that affected this figure.
CEO of Activision Blizzard Bobby Kitty in a statement, noted that the success of Call of Duty perfectly illustrates the company’s growth potential. However, he did not mention units Blizzard or King.
In the absence of major releases for Blizzard In 2019, harsh times came, as the volume of annual revenues decreased by 25% to $ 1.72 billion, and revenue for the fourth quarter sank 13% to $ 595 million. In addition, the value of monthly active users decreased to 32 million.
Unit Performance King ended up somewhere between sister holdings. Mobile Puzzle Makers Candy crush achieved an increase in the number of monthly active users to the level of 249 million, while revenue decreased by 7% to $ 503 million, and annual revenue fell by only 3% to $ 2.09 billion.
As for future plans, then Activision Blizzard confirmed that it will continue to release updates for World of Warcraft Classicwill conduct alpha testing Diablo immortal and will make announcements “a series of updated and rethought projects”. In addition, this fall we should expect the release of the new shooter of the Call of Duty series.
Read also: “It was a tough week”: Blizzard President commented on the failed launch of Warcraft III: Reforged
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