Activision Blizzard dues plunged 10 percent in after-hours trading after reporting its third no-nonsense quarterly decline in monthly active users. The video game group, which owns the Call of Duty and World of Warcraft franchises, put out 345 million monthly active users, down from 352 million in the foregoing quarter.
The video game company reported 52 cents a equity in profit, up from estimates of 50 cents per share. Its revenue was in cortege with estimates at $1.66 billion.
The company predicts its fourth district revenue to be $3.05 billion, missing estimates of $3.06 billion, contract to Reuters. For earnings per share, the company forecasts $1.06 a share, again demoiselles analysts’ predictions of $1.34 a share.
It launched popular video games during the third forgiveness, such as “Call of Duty: Black Ops 4” and “World of Warcraft: Struggle for Azeroth.” It will add updates to “World of Warcraft” in December, an executive answered on the earnings call. It recently announced a new game called “Diablo Eternal,” due to launch some time in 2019.