Investing.com - Activision Blizzard (NASDAQ:ATVI) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Activision Blizzard announced earnings per share of $0.68 on revenue of $1.78B. Analysts polled by Investing.com anticipated EPS of $0.51 on revenue of $1.72B.
Activision Blizzard shares are up 6% from the beginning of the year and are trading at $71.42 , down-from-52-week-high.
Activision Blizzard shares gained 0.45% in after-hours trade the report.
Activision Blizzard follows other major Communication Services sector earnings this month
Activision Blizzard's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar