Activision raises financial outlook by $150 million

by Alexander Sliwinski on Dec 20th 2007 1:25PM

Activision says Santa's going to be good to the company this year and has raised its financial expectations for the quarter and full fiscal year ending in March. Activision increased its full year net revenue by $150 million dollars to $2.45 billion, which includes costs associated with the Vivendi merger.

Activision CEO Robert Kotick notes that the company increased its market share to 16.8%, a 7.9% rally over last year. If there's any questions as to how, just look at NPD sales for November. Both Call of Duty 4 and Guitar Hero III are making this holiday season green for Activision -- plus, the company wouldn't mind squeezing just a little bit more cash before the year is done.

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Tags: activision, financial, financial-outlook

Reader Comments (10)

Yeah, we hate you Activision. Thanks for confirming that.

I love CoD4 - I am a long-time Halo fan and really liked playing through H3, but I am shocked about how much I like CoD4. In my most honest moments I might actually admit that I like CoD4 better - both campaign and multiplayer.

Good for Activision (and Infinity Ward). I am more than old enough to remember when Actvision began (and damn I loved those games - Freeway, River Raid, Kaboom!).

It's really unfortunate that now that Activision has the power to compete with EA, it has assumed EA's mindset and attitude.

CoD is a great series. GH has gone down the shitter.

Hopefully ActiBlizzard sees the error of its ways before it completely loses its soul (and a large portion of its fan base).

Isn't it sad that EA is shaping up to be a decent company despite being the unethical bitches for a long, long time and Activision has gone from being the lazy bitch publishers to the unethical evil bastards EA was before? This is a hilarious switcheroo in my opinion.

well cod is only good when infinity ward makes it. so skip #5 and wait for #6 in about 2 years

and i guess i'll never get another GH game

anything else activis makes i might miss? i can't think of anything