Activision Reports Record Second Quarter Revenues

Activision Reports Record Second Quarter Revenues is today’s business-side update, the sort of suit-and-spreadsheet news that still decides what games actually reach players.

The useful part: Net revenues for the second fiscal quarter increased 74% to $115.4 million from $66.2 million for the second quarter of the last fiscal year. Net income for the second fiscal quarter was $1.1 million, or $0.04 per share, compared with a net loss of $2.2 million, or $0.10 per share, for the same period last year. The increase in net revenues for the second fiscal quarter was driven by strong growth in the Company’s publishing operations, with the release of Tony Hawk’s Pro Skater, QUAKE. Listed pricing shows $115, so this is not vapor sitting on a press sheet.