Activision Blizzard, like its peers, stopped reporting those figures last year in favor of numbers based on generally accepted accounting principles, or GAAP. But based on its results statement, the company posted adjusted revenue for the 2016 fourth quarter of $2.45 billion. Analysts polled by Thomson Reuters expected adjusted revenue of $2.35 billion. Activision Blizzard's adjusted fourth-quarter profit was 92 cents a share, compared with the 73 cents a share that analysts' expected.
|