- Share this article on Facebook
- Share this article on Twitter
- Share this article on Email
- Show additional share options
- Share this article on Print
- Share this article on Comment
- Share this article on Whatsapp
- Share this article on Linkedin
- Share this article on Reddit
- Share this article on Pinit
- Share this article on Tumblr
Activision, the second-biggest U.S. video game publisher, raised its fiscal third-quarter and fiscal 2008 outlooks, citing robust sales for its “Guitar Hero” and “Call of Duty” game franchises.
The company now expects quarterly earnings of 66 cents a share compared with a previous forecast of 51 cents. It also raised its revenue outlook to $1.23 billion for the quarter, compared with an earlier forecast of $1.05 billion. Activision shares rose 13.8% to $21.54.
Related Stories
THR Newsletters
Sign up for THR news straight to your inbox every day