Activision Posts Another Strong Quarter; Core Franchises Continue to Drive Growth
Activision Blizzard beat its guidance once again as first-quarter GAAP results came in above the prior outlook for the fifth straight quarter and beat our projections. The firm generated strong results without the benefit of a major release in the quarter, highlighting the strength of the core franchises including Call of Duty, Overwatch, and Candy Crush. Despite the outperformance, management only modestly increased its 2018 GAAP revenue and EPS guidance of $7.4 billion and issued weaker-than-e...Activision Blizzard is a global developer and publisher of interactive entertainment content and services. The company's segments are: Activision Publishing, Inc., which is a global developer and publisher of interactive software products and entertainment content, particularly for the console platform; Blizzard Entertainment, Inc., which is a global developer and publisher of interactive software products and entertainment content, particularly for the personal computers platform; and King Digital Entertainment, which is a global developer and publisher of interactive entertainment content and services, particularly for the mobile platform, including for Google Inc.'s Android and Apple Inc.'s iOS.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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