Activision rides 'Call of Duty' to strong quarter


  • Business Premium
  • Friday, 08 Feb 2013

NEW YORK: Activision Blizzard Inc's earnings beat Wall Street expectations after its "Call of Duty" game had blockbuster sales over the crucial holiday quarter, helping its shares climb 5 percent.

The world's largest videogames publisher also forecast a first-quarter profit above industry analyst targets, guiding to earnings, excluding items, of 10 cents a share, versus an average forecast of about 9.7 cents.

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