Activision Profit Doubles on ‘Call of Duty’ Sales
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Activision Blizzard Inc., the world’s largest video-game publisher, said first-quarter profit doubled on sales of “Call of Duty” and “World of Warcraft.”
Net income rose to $381 million, or 30 cents a share, from $189 million, or 14 cents, a year earlier, Santa Monica, California-based Activision said today in a statement. Excluding some items, profit of 9 cents beat the 4-cent average of 22 estimates compiled by Bloomberg.