Video game maker
, riding the success of games based on professional skateboarder
Tony Hawk, reported fiscal second-quarter earnings that widely bested analysts' expectations Monday.
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
game console are currently ranked No. 1 and No. 3 in U.S. sales.