Published 3 years ago

Activision Blizzard annual sales forecast disappoints

Summary by Ground News

Activision Blizzard Inc. (ATVI) reports Q2 2021 earnings after Tuesday’s closing bell, with analysts expecting a profit of $0.75 per-share on $1.88 billion in revenue. If met, earnings-per-share (EPS) will mark no improvement over identical results in the same quarter last year, when gamers were emerging from lockdowns. The stock bounced off a multi-month low in May after a mixed Q1 report but the uptick failed.

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Yahoo News

Activistion Blizzard Faces Second Lawsuit Over First Lawsuit

A class action lawsuit filed today in the U.S. District Court of Central California on behalf of investors alleges that Activision Blizzard’s intentional failure to disclose its ongoing problems with sexual harassment and discrimination artificially inflated the company’s stock value. In layman’s terms, if investors had known the extent of Activision Blizzard’s issues, they wouldn’t have invested in its stock.

3 years ago·Los Angeles, United States

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News18 India

Activision Blizzard Annual Sales Forecast Disappoints

Activision Blizzard Inc’s full-year forecast for adjusted sales came in below analysts’ estimates on Tuesday, as the easing of curbs weaken the pandemic-driven frenzy for its popular franchises “Call of Duty” and “Candy Crush”.

3 years ago·India

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Reuters

Activision Blizzard annual sales forecast disappoints

Activision Blizzard Inc's full-year forecast for adjusted sales came in below analysts' estimates on Tuesday, as the easing of curbs weaken the pandemic-driven frenzy for its popular franchises "Call of Duty" and "Candy Crush".

3 years ago·United Kingdom

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ScreenRant

Activision Blizzard Employees Detail "Broken" HR Department

Editor’s Note: A lawsuit has been filed against Activision Blizzard by the California Department of Fair Employment and Housing, which alleges the company has engaged in abuse, discrimination, and retaliation against its female employees. Activision Blizzard has denied the allegations. The full details of the Activision Blizzard lawsuit (content warning: rape, suicide, abuse, harassment) are being updated as new information becomes available.Mor…

3 years ago·Montreal, Canada

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c|net

Activision lawsuit: Blizzard president resigns and everything else you need to know

Since being sued by the state of California, Activision Blizzard has seen hundreds of employees stage a walkout in protest and, now, the resignation of Blizzard’s president.

3 years ago·New York, United States

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Bangkok Post

Activision Blizzard executive exits following sexism row

WASHINGTON - Activision Blizzard unveiled a management shakeup Tuesday following employee protests and a California state lawsuit alleging the "Call of Duty" game giant enabled toxic workplace conditions and discriminated against women.

3 years ago·กทม, Thailand

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