Activision Blizzard reports record 2014 financial results
The company launched Destiny and Hearthstone, doubling its franchise portfolio. Digital revenue grew to 46% of total revenues.
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Video game developer and publisher
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In short: Activision Blizzard saw Call of Duty hit $40 billion, settled a $250 million suit, and absorbed Halo.
The company launched Destiny and Hearthstone, doubling its franchise portfolio. Digital revenue grew to 46% of total revenues.
The company achieved record revenue of $4.8 billion, earnings per share of $0.93, and a 30.3% operating margin, driven by strong performance of Call of Duty and Skylanders franchises.
The company achieved $6.6 billion in net revenues and $2.2 billion in operating cash flow, driven by strong performance from King and Blizzard segments.
Bobby Kotick reflects on his 32 years leading the company and the recent Microsoft merger. He praises the team and expresses confidence in the future leadership.
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