Transition Year Underway at Activision Blizzard
Activision Blizzard (ATVI) confirmed it is facing a transition year in 2019 with its 1Q19 earnings report and guidance update. First quarter earnings exceeded Wall Street expectations but management guided 2Q19 below current estimates and maintained full year guidance issued earlier this year. The combination of exiting the Destiny franchise, tough competition from free-to-play games, […]
