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Activision Blizzard has posted financial results for its recently concluded quarter, revealing digital sales as the publisher’s current torchbearer.
The company reached $970m in revenue (GAAP), nearly half of which came from digital sales. Further, Non-GAAP revenue totaled $658m, with digital making up 73 per cent of that total.
Activision attributed the strength of its digital arm to sales of Blizzard’s World of Warcraft, Hearthstone, and Diablo III, along with downloadable sales for Call of Duty. The publisher also specifically highlighted Diablo III hit 20m units sold during the period.
The results weren’t completely rosy however, as World of Warcraft saw a drop of 800k subscribers in the three-month period – totaling 6.8m subscribers as of the end of June.
Revenue (GAAP) was down just under 8 per cent overall, while net income declined 37 per cent to $204m. While not positive, those results still beat the firm’s previous guidance for the period.
Activision Blizzard has updated its previous guidance for the full year based on the results, from $4.22bn to $4.24bn.
