![]() For further detail and discussion of our financial performance please refer to our upcoming Annual Report on Form 10-K for the year ended December 31, 2021.Īctivision Blizzard delivered record full-year GAAP results in 2021, growing GAAP revenue 9% year-over-year, GAAP operating profit 19% year-over-year and GAAP EPS 22% year-over-year, building on very strong results in the prior year. In light of the pending transaction with Microsoft, and as is customary during the pendency of an acquisition, Activision Blizzard will not be hosting a conference call, issuing an earnings presentation, or providing financial guidance in conjunction with its fourth quarter 2021 earnings release. The transaction, which is expected to close in Microsoft’s fiscal year ending June 30 2023, has been approved by the boards of directors of both Activision Blizzard and Microsoft.Ĭonference Call and Earnings Presentation ![]() The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard's stockholder approval. In-game net bookings C were $1.24 billion, as compared with $1.32 billion for the fourth quarter of 2020.įor the quarter ended December 31, 2021, overall Activision Blizzard Monthly Active Users (MAUs) D were 371 million.Īs announced on January 18, 2022, Microsoft plans to acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard's net cash. In-game net bookings C were $5.10 billion, as compared with $4.85 billion for 2020.įor the quarter ended December 31, 2021, Activision Blizzard’s net bookings B were $2.49 billion, as compared with $3.05 billion for the fourth quarter of 2020. Please refer to the tables at the back of this press release for a reconciliation of the company’s GAAP and non-GAAP results.įor the year ended December 31, 2021, Activision Blizzard’s net bookings B were $8.35 billion, as compared with $8.42 billion for 2020. For the quarter, operating cash flow was $661 million, as compared with $1.14 billion for the fourth quarter of 2020. On a non-GAAP basis, Activision Blizzard’s operating margin was 45% and earnings per diluted share was $1.01, as compared with $0.76 for the fourth quarter of 2020.Īctivision Blizzard generated $2.41 billion in operating cash flow for the year ended December 31, 2021, as compared with $2.25 billion for 2020. GAAP earnings per diluted share was $0.72, as compared with $0.65 for the fourth quarter of 2020. GAAP net revenues from digital channels were $1.78 billion. On a non-GAAP basis, Activision Blizzard’s operating margin was 44% and earnings per diluted share was $4.08, as compared with $3.įor the quarter ended December 31, 2021, Activision Blizzard’s net revenues presented in accordance with GAAP were $2.16 billion, as compared with $2.41 billion for the fourth quarter of 2020. GAAP earnings per diluted share was $3.44, as compared with $2. GAAP net revenues from digital channels were $7.66 billion. Please refer to the tables at the back of this earnings release for a reconciliation of the company’s GAAP and non-GAAP results.įor the year ended December 31, 2021, Activision Blizzard’s net revenues presented in accordance with GAAP were $8.80 billion, as compared with $8.09 billion for 2020. * Prior outlook was provided by the company on Novemin its earnings release. For investors, our recently announced transaction is the culmination of three decades of providing superior shareholder returns.” Our 370 million players around the world and workplace excellence remain our focus. “As we look to the future, with Microsoft’s scale and resources, we will be better equipped to grow existing franchises, launch new potential franchises and unlock the rich library of games we have assembled over 40 years. “I’m so incredibly proud of our teams for their commitment and passion as we continued to engage the world through epic entertainment in 2021,” said Bobby Kotick, CEO of Activision Blizzard. (Nasdaq: ATVI) today announced fourth-quarter and 2021 results. SANTA MONICA, Calif.-(BUSINESS WIRE)-Feb.
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