Activision Beats Due To Call Of Duty (ATVI)

Activision Blizzard, Inc. (ATVI) reports Q3 earnings of $0.12 versus consensus of $0.09. Activision Blizzard, Inc. reports revenues of $745 million versus consensus of $750.00 million. Robert Kotick, CEO of Activision Blizzard, stated, "For the third quarter, we exceeded our net revenues and earnings per share outlook and delivered strong year-over-year growth. Our better-than-expected results are due to our leadership in online entertainment, including strong performance from Activision Publishing's Call of Duty® franchise, and Blizzard Entertainment's World of Warcraft® and StarCraft® II: Wings of Liberty™. For the nine months ending September 30, 2010, our digital offerings contributed close to half of our total non-GAAP net revenues and our digital revenues have increased more than 15% over the prior year. Most importantly, we continue to deliver some of the world's best games."