Activision today announced its first-quarter financial results, saying it did “better than expected.”
For the quarter ending March 31, Activision’s net revenues stood at $1.3 billion, fueled by the continued dominance of Call of Duty: Modern Warfare 2 and the persistence of MMO champion World of Warcraft.
“Our better-than-expected first quarter performance was driven by strong global consumer demand for Activision’s Call of Duty and Blizzard Entertainment‘s World of Warcraft. Activision’s Call of Duty: Modern Warfare 2 was the #1 title overall in the U.S. and Europe for the quarter, which illustrates the continued momentum of our catalogue. Additionally, during the quarter, Activision launched DreamWorks’ How To Train Your Dragon and the Call of Duty: Modern Warfare 2 Stimulus Package, which shattered Xbox LIVE records with more than one million packages downloaded in the first 24 hours,” Activision president and CEO Robert Kotick said.
With Starcraft II: Wings of Liberty on the direct horizon, the release of the next World of Warcraft expansion Cataclysm as well as Call of Duty: Black Ops over the course of the next 12 months, I’d say Activision is looking fine to keep rolling in the dough.