Publisher Activision<\/i> has also published better-than-expected preliminary results for the third quarter of the fiscal year 2007. The company expects to report net revenues of $822.8 million (638 million EUR) as compared to prior outlook of $600.0 million. Activision expects this to be the largest and most profitable quarter in the company\u00b4s history.
\nHowever, the company believes that last quarter\u00b4s result will be significantly impacted by expenses relating to its internal review of historical stock option practices and its decision to move the release of Enemy Territory: QUAKE Wars<\/i> into the fiscal year 2008. <\/p>\n
”Net revenues for the third quarter of fiscal 2007 are expected to be the highest in Activision\u00b4s history. Our results were driven by a smaller, high-quality game slate that was anchored by four key games – Call of Duty 3<\/i>, Marvel: Ultimate Alliance<\/i>, Tony Hawk\u00b4s Project 8<\/i> and Guitar Hero II<\/i>. We remain optimistic about the long-term opportunities afforded by the new consoles, although we are cautious of the many risks that still exist as we transition from the current-generation console and handheld systems to the next-generation of hardware”, Robert Kotick<\/i>, Chairman and CEO of Activision, commented.<\/p>\n
Activision\u00b4s stock price was going slightly down in NASDAQ after the company\u00b4s announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"
Activision has also reported better-than-expected revenue for the third quarter of the fiscal year 2007. The company expects to report record net revenues of $822.8 million as compared to prior outlook of $600.0 million.<\/p>\n","protected":false},"author":67,"featured_media":0,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/news\/8288"}],"collection":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/comments?post=8288"}],"wp:attachment":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/media?parent=8288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/categories?post=8288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/tags?post=8288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}