Page 37 - கலிஃபோர்னியா துறை ஆஃப் நியாயமான வேலைவாய்ப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Activision Blizzard fallout intensifies even as it beats on earnings Image: Dinosaur918 via Wikimedia Commons. The company now faces sponsor withdrawals, an investor class-action lawsuit, further resignations and increased pressure from workers. Activision Blizzard’s quarterly earnings report beat Wall Street expectations even as the company continues to suffer the seismic consequences of its harassment and discrimination lawsuit. The gaming company reported $1.92bn in net bookings for Q2 of 2021, a decline of 7pc year-on-year but edging out expectations of $1.89bn. Revenue rose to $2.3bn while adjusted earnings increased to $1.20 a share. Its number of monthly active users was 408m, down from 428m in the second quarter of 2020. Following the earnings report, the company’s stock climbed more than 5pc on Tuesday evening (3 August), even as the fallout from a California Department of Fair Employment and Housing lawsuit continued.

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