King, Blizzard push Activision Blizzard to Q3 growth

King, Blizzard push Activision Blizzard to Q3 growth

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King, Blizzard push Activision Blizzard to Q3 growth

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November 2, 2021 | 

  • Candy Crush and Diablo divisions each show 22% revenue gains as Call of Duty segment slides 17%

For the three months ended September 30, Activision Blizzard reported revenues up 6% year-over-year to $2.07 billion, with net bookings up 6% to $1.88 billion, with net income up 5% to $639 million.

The biggest gains were reported by the King division, which saw its flagship app Candy Crush grow 20% year-over-year while its segment net revenues rose 22% to a new quarterly record of $652 million.

Blizzard segment net revenues were also up 22% to $478 million, driven in large part by the launch of Diablo 2: Resurrected.

However, the Activision segment dominated by Call of Duty posted net revenues down 17% year-over-year to $641 million

“Segment revenue was lower year-over-year in the third quarter due to the launch of Tony Hawk’s Pro Skater 1 + 2 in the year ago quarter and declines in Call of Duty against a quarter that benefited from shelter-at-home mandates and the early ramp of Warzone,” the publisher said.