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Activision: EPS down, but above expectations

( - Activision Blizzard announced on Wednesday Q1 2020 adjusted EPS of 76 cents, down just 2 cents from 78 cents in Q1 2019.

Adjusted EPS, however, was better than analysts' expectations of just 37 cents.

At the same time, revenues reached 1.8 billion dollars, down slightly from the 1.83 billion dollars in Q1 2019.

The market clearly liked this result, with the share up over 4% in early trading on Wall Street.

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