Investing.com - Activision Blizzard (NASDAQ:ATVI) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Activision Blizzard announced earnings per share of $0.72 on revenue of $1.88B. Analysts polled by Investing.com anticipated EPS of $0.697 on revenue of $1.88B.
Activision Blizzard shares are down 16% from the beginning of the year and are trading at $78.39 , down-from-52-week-high.They are under-performing the S&P 500 which is up 23.31% from the start of the year.
Activision Blizzard shares gained 0.89% in after-hours trade after the report.
Activision Blizzard follows other major Technology sector earnings this month
Activision Blizzard's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
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