Activision Posts in Line Quarter; Call of Duty: Black Ops 4 Off to Strong Start
Activision Blizzard slightly beat its guidance again as third-quarter GAAP results came in above the prior outlook for the seventh straight quarter but only met Street projections. Despite the beat, the firm maintained its revenue guidance for both GAAP and non-GAAP revenue and slightly lowered its implied projection for non-GAAP net income, leading to a 10% decline in the share price in the aftermarket. However, the firm’s October release, Call of Duty: Black Ops 4, is outselling the previous B...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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