Activision Blizzard Reports Strong Q4 Earnings, Record Revenues and Monthly Active Users

February 9, 2017 Omer Altay Comments

Activision Blizzard reported strong Q4, 2016 earnings today and the company's stock soared over 10% in after-hours trading. The company reported record 2016 revenues of $6.61 billion compared to $4.66 billion in 2015. The company reported 447 million monthly active users for the quarter, the highest ever monthly active users in the company's history, up a whopping 37% from 2015 and 87% from 2014. Revenues across company divisions are:

Activision $1,151M
Blizzard: $669M
King Digital: $436M

Some fun facts from the company's earnings report:

in 2016 consumers spent ~43 billion hours playing and watching Activision Blizzard content, on par with Netflix.
Destiny 2 is set to launch THIS year.
Hearthstone had record monthly active users, growing 20% year over year.
World of Warcraft time spent in-game grew quarter over quarter, surpassing Legion's launch uarter and all non-launch quarters in the last 4 years
Overwatch was Blizzard's fastest game to reach over 25M players globally
King Digital's time spent per daily active user is now 34 minutes a day.

Strong stock reaction to earnings: