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Activision Blizzard’s quarterly adjusted sales misses estimates
2022.04.25 14:56
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.
