Activision Blizzard: FY targets increased
(CercleFinance.com) - Surfing on strong Q1 figures, Activision Blizzard has slightly increased its targets for 2017-18, now targeting adjusted EPS (non-GAAP) of 2.
46 dollars, with revenues of 7,355 million dollars.
Over the past quarter, the video games publisher generated adjusted EPS that was up 8% at 78 cents, largely outperforming the consensus, which was looking for just 35 cents, while its operating cash flow rose by 29% to 529 million dollars.
The Santa Monica group's adjusted operating margin reached 39%, on sales that were up 14% at 1.97 billion dollars, a record for this period of the year, including 1.46 billion dollars for digital channels.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
46 dollars, with revenues of 7,355 million dollars.
Over the past quarter, the video games publisher generated adjusted EPS that was up 8% at 78 cents, largely outperforming the consensus, which was looking for just 35 cents, while its operating cash flow rose by 29% to 529 million dollars.
The Santa Monica group's adjusted operating margin reached 39%, on sales that were up 14% at 1.97 billion dollars, a record for this period of the year, including 1.46 billion dollars for digital channels.
Copyright (c) 2018 CercleFinance.com. All rights reserved.