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Activision Exceeds Estimates

The game maker also boosts its estimate for the year.
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Video game maker

Activision

(ATVI) - Get Report

, riding the success of games based on professional skateboarder

Tony Hawk, reported fiscal second-quarter earnings that widely bested analysts' expectations Monday.

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The U.S.'s second-largest independent game maker reported earnings of 17 cents per share, far outstripping the consensus estimate of 9 cents per share reported by

First Call/Thomson Financial

. Net revenue for the quarter ended Sept. 30 was $144 million, up from $115 million the same quarter last year.

Activision also raised its estimates of earnings for the fiscal year ended March 31 to 63 cents a share from 56 cents a share. Activision's titles based on Tony Hawk for the

Sony PlayStation

game console are currently ranked No. 1 and No. 3 in U.S. sales.