Activision Blizzard announces Q3 FY2014 results
Better than expected quarter thanks to Destiny
Activision Blizzard has announced better-than-expected financial results for the third quarter of 2014.
For the quarter ended September 30, 2014, Activision Blizzard’s net revenues were a record $1.17 billion, as compared with $657 million for the third quarter of 2013. For the third quarter of 2014, net revenues from digital channels represented 43% of the company’s total revenues.
For the third quarter, Activision Publishing’s Destiny was the largest new franchise launch in videogame history and ranks among the top 10 largest videogame launches of all time in the U.S. To date, Destiny has more than 9.5 million registered users and our active players are playing the game an average of more than three hours per day.
World of Warcraft remains the #1 subscription-based MMORPG, with more than 7.4 million subscribers as of September 30, 2014. In North America and Europe combined, for the third quarter, Diablo III: Reaper of Souls - Ultimate Evil Edition was the #4 best-selling console title, and year to date, Diablo III: Reaper of Souls remained the #2 PC game in dollars.
In North America and Europe combined, for the first nine months of 2014, Skylanders SWAP Force was the #4 best-selling console and handheld game overall in dollars, and in North America and Europe, Skylanders toys outsold the #1 action figure line.
In Q4, Activision launched Skylanders Trap Team and yesterday Call of Duty: Advanced Warfare. On November 13, 2014, Blizzard Entertainment expects to release World of Warcraft: Warlords of Draenor. Additionally, on December 9, 2014, Activision Publishing plans to release The Dark Below, the first expansion to Destiny.
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