Activision Blizzard Announces Third Quarter EPS of $.08

Activision Blizzard, Inc. ATVI today announced better-than-expected financial results for the third quarter of 2010. For the quarter ended September 30, 2010, Activision Blizzard's GAAP net revenues were $745 million, as compared to its prior third-quarter outlook of $600 million. On a non-GAAP basis, the company's net revenues were $857 million, as compared to its prior third-quarter outlook of $725 million. For the quarter ended September 30, 2010, Activision Blizzard's GAAP earnings per diluted share were $0.04, as compared to its prior third-quarter outlook of break even GAAP earnings per share. On a non-GAAP basis, the company's earnings per diluted share were $0.12, as compared to its prior third-quarter outlook of $0.08.