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Activision Exceeds Expectations In First Quarter 2013
Activision is off to a good start to its 2013 fiscal year. The publisher touted strong, but still declining numbers for World of Warcraft, and continued the impressive performance of November's Call of Duty: Black Ops II.
Skylanders and Call of Duty remain the top two best-selling franchises for North America and Europe combined. Of important note, Call of Duty saw a 100 percent year-over-year increase in digital revenue. Paired with EA's success in digital as reported yesterday, that segment continues to expand at significant speed.
World of Warcraft subscriptions are down, but moreseo in the East. It remains the top-subscribed MMO with 8.3 million subscribers, down from over 10 million in October.
GAAP net revenues were reported at $1.32 billion against a projection of $1.16 billion and same-quarter 2012 of $1.17 billion. Non-GAAP net revenues were $804 million against a projection of $690 million and same-quarter 2012 performance of $587 million.
Update: We have more information from Activisions's earnings call here.
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