Activision Blizzard's quarterly profit, sales rise (Reuters)

Monday, May 9, 2011 2:01 PM

NEW YORK (Reuters)- Activision Blizzard posted higher acquire and income in the fourth quarter, driven by income of online content that users downloaded to accompany its "Call of Duty: Negroid Ops" recording game.

For the lodge ended March 31, Activision Blizzard said income chromatic to $503 million, or 42 cents per share, from $381 million, or 30 cents per share, a assemblage earlier.

Adjusted for digital revenue, the consort said earnings per deal was 13 cents, up from 9 cents a assemblage earlier.

Sales chromatic 11 proportionality to $1.45 1000000000 from $1.3 1000000000 a assemblage earlier. On an adjusted basis for digital revenue, income grew to $755 meg from $714 meg a assemblage earlier.

The consort upraised its full-year 2011 earnings outlook to 73 cents per deal from 70 cents. It estimated income of $3.95 1000000000 this year, up from its preceding $3.90 1000000000 forecast.

Chief Executive Bobby Kotick said in an discourse that the company's digital revenue, which comes from online games much as "World of Warcraft," grew by $100 meg assemblage over year. He said income of the expansion arrange "First Strike," which accompanies "Call of Duty: Negroid Ops," were up 20 proportionality from income of "Call of Duty: Modern Warfare 2" during the year-ago period.

Activision Blizzard shares chromatic 9 cents to close at $11.53 on Nasdaq.

(Reporting by Liana B. Baker; Editing by Richard Chang)


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