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Activision Blizzard, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 2,207 million compared to USD 1,644 million a year ago. Net income was USD 587 million compared to USD 280 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.36 a year ago.For the six months, revenue was USD 4,590 million compared to USD 3,412 million a year ago. Net income was USD 1,328 million compared to USD 675 million a year ago. Basic earnings per share from continuing operations was USD 1.69 compared to USD 0.86 a year ago. Diluted earnings per share from continuing operations was USD 1.67 compared to USD 0.86 a year ago.
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Total Revenue | 2207 | 2383 | 2334 | 1782 |
Gross Profit | 1551 | 1718 | 1578 | 1280 |
Operating Income | 604 | 800 | 310 | 497 |
Net Income | 587 | 740 | 403 | 435 |
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Total Assets | 28518 | 27393 | 27383 | 25620 |
Total Liabilities | 7725 | 7278 | 8140 | 6812 |
Total Equity | 20793 | 20115 | 19243 | 18808 |
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 590 | 577 | 1123 | 257 |
Cash From Investing Activities | 966 | 1663 | -1801 | -2940 |
Cash From Financing Activities | -26 | -71 | -61 | -6 |
Net Change in Cash | 1534 | 2177 | -683 | -2741 |
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