Activision Blizzard's net profit for the quarter fell more than three times
Activision Blizzard released its financial report for the second quarter of 2022 late last night. The company’s revenues have seriously sagged. Of all its divisions, only King managed to achieve revenue growth, which earned $684 million.
The revenue of the entire company amounted to $1.64 billion (-$652 million for the year).
▪️Net profit — $280 (-$596 million for the year).
▪️MAU of Activision Blizzard games — 361 million people (-47 million people per year).
