Candy Crush owner forecasts upbeat quarterly revenue even as gaming slows down

FILE PHOTO: The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake

(Reuters) -Activision Blizzard Inc on Tuesday forecast current-quarter adjusted revenue above estimates, as it expects demand for its popular franchises "Call of Duty" and "Candy Crush" to remain strong, sending its shares 4% higher in extended trading.

This comes after peer Take-Two Interactive Software Inc, creator of "Grand Theft Auto", forecast its second-quarter adjusted sales below estimates on Monday.