Activision reports Q2 FY17 financial results

Activision Blizzard has announced better-than-expected second-quarter 2017 results.

For the quarter ended June 30, 2017, Activision Blizzard’s net revenues were $1.63 billion, as compared with $1.57 billion for the second quarter of 2016, an increase of 4%. Net revenues from digital channels were $1.31 billion, growing 15% year-over-year. Further, the company reached nearly $1 billion of in-game revenues in the quarter with record performance in the first half of 2017.

Blizzard had the biggest quarterly online player community in its history with a record 46 million monthly active users (MAU), up 38% year-over-year. The Overwatch community continued to grow more than a year after launch, setting another all-time MAU record with the release of two seasonal events in the quarter.

Activision had 47 million MAUs in the second quarter, down slightly year-over-year. The launch of Zombies Chronicles led to a MAU increase quarter-over-quarter in Call of Duty: Black Ops III. Activision also released Crash Bandicoot N. Sane Trilogy for PS4. Despite only two days of sales on a single platform, it was the number one console title globally in June based on units.

Activision and Bungie expect to release Destiny 2 on September 6, 2017 for consoles and on October 24, 2017 for PC. The Destiny 2 console Beta had more total players than the 2014 Destiny Beta, and Destiny 2 pre-orders are now above the first Destiny.

Activision expects to release Call of Duty: WWII on November 3, 2017. The company says momentum on pre-orders and hands-on feedback have been strong.

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