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Activision Blizzard’s quarterly adjusted sales misses estimates

04/25/2022

Less than a minute

2022.04.25 14:56

Activision Blizzard's quarterly adjusted sales misses estimates
FILE PHOTO: The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake/File Photo

(Reuters) – Videogame publisher Activision Blizzard Inc (NASDAQ:ATVI) missed estimates for first-quarter adjusted sales on Monday, hurt by low demand for its latest title “Call of Duty: Vanguard”.

The company’s quarterly adjusted sales stood at $1.48 billion, compared with analysts’ estimates of $1.80 billion, according to Refinitiv IBES data.

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04/25/2022

Less than a minute