Activision Blizzard Earnings, Revenue beat in Q1 By Investing.com

Activision Blizzard (NASDAQ:ATVI) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Activision Blizzard announced earnings per share of $0.84 on revenue of $2.07B. Analysts polled by Investing.com anticipated EPS of $0.698 on revenue of $1.78B.

Activision Blizzard shares are down 4% from the beginning of the year and are trading at $90.35 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.78% from the start of the year.

Activision Blizzard shares gained 1.84% in after-hours trade the report.

Activision Blizzard follows other major Technology sector earnings this month

Activision Blizzard’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.

Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar