Microsoft's gaming revenue is up 49 percent in Q2, mostly thanks to the Activision deal
Microsoft's gaming revenue is up 49% in Q2, mostly thanks to the Activision deal.
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Microsoft's gaming revenue is up 49% in Q2, mostly thanks to the Activision deal.
As of its most recent quarter, the net impact from Activision Blizzard was $2 billion in revenue, but an operating loss of $440 million.
Microsoft revealed its financial results for its Q2 2024 fiscal year time period. Revenues were $62 billion, up from $52.7 billion from a year ago, while net income came in at $21.9 billion.
Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday (Jan 30), as new artificial-intelligence features helped attract customers to its cloud and software services. Microsoft shares were down 2 per cent after-hours. The company, in collaboration with ChatGPT creator OpenAI,
Substantial Increases in Revenue and Net Income Highlighted by Recent Activision Acquisition