Activision Blizzard Announces Fourth-Quarter and 2020 Financial Results – Consumer Electronics Net
* Prior outlook was provided by the company on October 29, 2020 in its earnings release. Please refer to the tables at the back of this earnings release for a reconciliation of the company’s GAAP and non-GAAP results. For the year ended December 31, 2020, Activision Blizzard’s net revenues presented in accordance with GAAP were $8.09 billion, as compared with $6.49 billion for 2019. GAAP net revenues from digital channels were $6.66 billion. GAAP operating margin was 34%. GAAP earnings per diluted share were $2.82, as compared with $1.95 for 2019. On a non-GAAP basis, Activision Blizzardâ...
Source: consumerelectronicsnet.com