Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the third quarter of 2013.
|Third Quarter||Nine Months|
|(in millions, except EPS)||2013|| Prior
*Prior Outlook was provided by the company in its August 1, 2013 earnings release
For the third quarter, which ended September 30, 2013, the company delivered GAAP net revenues of $691 million, as compared with $841 million for the third quarter of 2012. On a non-GAAP basis, the company’s net revenues were $657 million, as compared with $751 million for the third quarter of 2012. GAAP net revenues from digital channels were $409 million and represented a third-quarter record 59% of the company’s total net revenues. On a non-GAAP basis, net revenues from digital channels were $399 million and represented 61% of the quarter’s total net revenues.
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