Activision Earnings Beat Estimates (ATVI)

Activision Blizzard ATVI released its third quarter earnings results on Thursday after the closing bell. The company reported EPS of $0.12 compared to Wall Street estimates of $0.09. Non-GAAP revenues were $857 million versus analysts' consensus estimates of $750 million. For Q4, the company is projecting EPS of $0.47 on revenue of $2.2 billion. This is below Street consensus of $0.50 on revenue of $2.31 billion.