Activision Blizzard Earnings, Revenue beat in Q4 By Investing.com

Activision Blizzard (NASDAQ:ATVI) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Activision Blizzard announced earnings per share of $1.21 on revenue of $3.05B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $2.82B.

Activision Blizzard shares are down 0% from the beginning of the year and are trading at $97.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3.06% from the start of the year.

Activision Blizzard shares gained 4.62% in after-hours trade the report.

Activision Blizzard follows other major Technology sector earnings this month

Activision Blizzard’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar