Wednesday, May 6, 2015

Videogame maker Activision Blizzard's quarterly revenue rises 15 percent

- Videogame maker Activision Blizzard Inc reported a 15 percent rise in quarterly revenue, helped by robust sales of its first person shooter game "Call of Duty: Advanced Warfare". The company's net income rose to $394 million, or 53 cents per share, for the first quarter ended March 31, from $293 million, or 40 cents per share, a year earlier.On an adjusted basis, Activision earned 16 cents per share.Revenue rose to $1.28 billion from $1.11 billion. (Reporting by Subrat Patnaik in Bengaluru; Editing by Simon Jennings)

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