Activision Blizzard Reports Record Breaking Q4 2017 Earnings

February 8, 2018 Omer Altay Comments

Once again Activision Blizzard proved to the world that they're really good at making money. They reported revenues of a bit over $2B in Q4, 2017, beating their own estimate of $1.7B by a landslide. According to Bobby Kotick, CEO of Activsion Blizzard, "This was a record quarter to cap off a record year for Activision Blizzard". For the full year 2017 the company reported revenues of $7B, up from $6.6B in 2016.

Highlights from the Quarter are the following:

Activision Blizzard had 385 million Monthly Active Users (MAUs)C in the quarter, up from 384 million last quarter.
King had 290 million MAUsC, down 1% quarter‐over‐quarter, while time spent per player reached a record of 37 minutes per day. MAUs C for the Candy CrushTM franchise grew slightly quarter over‐quarter while also driving increased time spent per player.
Activision had 55 million MAUsC for the quarter, up 12% quarter‐over‐quarter and matching its prior quarterly record, driven by the successful launches of Call of Duty WWII and Destiny 2.
For the second quarter in a row, players spent over 50 minutes per day in Activision, Blizzard, and King games, in line with some of the most engaging online connected platforms in the world.
The Overwatch league attracted over 10 million unique viewers across the world with an average audience of more than 280,000.
The Call of Duty World League in Dallas had more than double the viewership hours of last year's event.