Activision Blizzard presented its annual report for the 3rd quarter 2021. The cash shop cash registers glow in games like Call of Duty: Warzone, Hearthstone and Wow. But the stock still sacks 13% nor. Reason is obviously the shift of Overwatch 2 and Diablo 4 into the year 2023.
How is Blizzard financially there? On November 2, there was the Earning Call for the 3rd quarter 2021 at Activision Blizzard. Financially, it was a good quarter for the company:
Especially the success of Call of Duty is being turned out - COD Warzone and Mobile are as bubbling sources of revenue. You are looking forward to the release of Cod Vanguard.
At Blizzard, everything stable, it says: Diablo 2 resurrected was the most successful remastered of the company, Wow hold his players, Hearthstone was stable. The turnover of Blizzard has increased by 20% compared to the previous year - especially because of Diablo 2. Overall, the expectations and forecasts for the quarter has surpassed.
Most deserves Activision Blizzard, if the game is already sold
This number stings eye:
In the financial reports, a metric appears, which means in-game net bookings, that is that money, which Activision Blizzard takes by micro transactions, which are made in the game - so if the customer has already bought the game.
The number for the third quarter 2021 is proud $ 1.198 billion. This is more than half of the total revenue of Activision Blizzard. A lion s share of money will come from the Free2Play Title Call of Duty: Warzone, but also in WOW more offers in the cash shop of the game, like a 25 €mount in the shop.
Share falls significantly after shifting OverVATCH 2 and Diablo 4
Why did the stock still down? The BLIZZARD share has fallen by 8% after the Earning Call in demand.
This morning, in predatory trading, it is even cheaper. Compared to the course at the exchange rate on Tuesday evening, the share has meanwhile lost a good 13% higher price.
But that s just a snapshot.
The price loss apparently lies the shift from Overwatch 2 and Diablo 4 to the year 2023. Originally, the publication of the two titles was planned for 2022.
Blizzard suffers chronically underneath to publish too few new games. This is supposed to be internally too annoying with Activision Blizzard.
In addition, Jen Oneal, the CO-boss of Blizzard, will leave the company. The one had just moved to the company s tip only a few months ago, after J. all Brack left the Group in the consequences of a lawsuit for sexism.
We have dealt in a podcast in detail with the situation of Blizzard:
Recommended editorial content
At this point you will find an external content of Spotify, which complements the article.
Show Spotify content
Link to Spotify content
What else fell up? A big topic in the annual report was once again the fight against the apparently grassing and systemic sexism at Activision Blizzard. Here you have set up a catalog of countermeasures:
You want to introduce a 0 tolerance policy against harassment The Group has set itself the goal of increasing the share of women and non-binary people in the workforce by 50%. That should happen in the next 5 years. You want to spend $ 250 million in 10 years to support under-represented groups, to the gaming and technical industry. Activision Blizzard turns out that women already earn a little more than men in the company. That was an independent investigation.
CEO Bobby Kotick draws consequences from the scandal at Activison Blizzard
Post a Comment