Activision Blizzard begins 2022 with figures in net decline
Always being acquired by Microsoft, Activision Blizzard remains for the time being an independent publicly traded company and continues to publish its financial results. Those in the first quarter 2022 are now available and report a sharp decline in sales and benefits from the first quarter of the year 2021.
Activision Blizzard does not hide it, the results of the Call of Duty ecosystem are in large part responsible for this decline. If Call of Duty: Mobile is stable, the sales of Call of Duty: Vanguard are lower than those of his predecessor, while there is at the same time a drop in engagement at Call of Duty: Warz1. The good news for Activision is that its call of duty 2022 is none other than the successor of the 2019 Modern Warfare, in other words the best-selling opus in the history of saga. The game will be launched at the end of the year at the same time as a new Warzone specially carved for the new generation and also developed by Infinity Ward. Added to this is the development of a Call of Duty: Warzone specific to the mobile market.
Blizzard is not in great shape either. In the absence of a big news at the beginning of the year, the financial results of the label are lower than last year. That said, we can not say that Blizzard turns his thumbs. While the Hearthstone extension: In the heart of the englotted city was launched on April 12, the World of Warcraft team has unveiled the DrangLight and Wrath of the Lich King Classic extensions, while preparing to unveil its first Warcraft mobile game. Speaking of mobile, the exit of Diablo Immortal will take place on June 2 on iOS and Android but also PC. As for the development of Diablo 4 and Overwatch 2, it "also satisfactorily", we are told. The internal tests of the first are in progress throughout the company and the beta of the second begins tomorrow.
In addition to the costs associated with the acquisition of Microsoft, the Kotick Bobby Group continues to invest and recruited "Several hundreds of people" in the first quarter to support its many projects. A few days ago, management also announced the transformation of more than 1,000 temporary workers into full-time employees, most benefiting from a salary and benefits increase. At about the same time, the group announced the appointment of Kristen Hines as a new Chief Executive Officer of Diversity, Equity and Inclusion within the company. Many courage, so.
Blizzard Activision Results
Period | Turnover | Operational benefit | Net profit |
---|---|---|---|
January 2021 - March 2021 | 2.1 billion euros | 739.3 million euros | 575.9 million euros |
January 2022 - March 2022 | 1.6 billion euros | 445.6 million euros | 367.5 million euros |
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