Activision Blizzard posts $15m profits in Q3
The newly merged mega-publisher Activision Blizzard just posted their Q3 financial results, where they revealed profits of just $15 million on a whopping $703 million in sales, which as any businessman and wall street analyst will tell, isn’t the best profit margin. The revenue increased almost $100 million compared to the same time last year, but that year, the company lost $108 million. Now $15 million doesn’t seem like a bad thing at all. Activision Blizzard still expects sales to top $4 billion this year.
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