NEWS - Thursday, January 24, 2002


Activision Thanks Xbox & GameCube

Activision released their third quarter fiscal results today, marked by better than expected profit. Revenues for the quarter were $371.3 million, up 40% compared with $264.5 million in the same period of 2000. The company also raised guidance for fiscal 2002 and 2003, raising its 2002 revenue to $765 million from $725 million. For 2003, Activision raised its per-share guidance to 94 cents and revenues to $845 million. Shares in the company closed up 1.6% today at $24.80, despite a slump in gaming related stocks in recent weeks.

Robert A. Kotick, Chairman and CEO of Activision, said, "Our record results for the third fiscal quarter once again demonstrate the ability of Activision’s diverse product slate and platform mix to deliver top-line growth, increased operating margins and strong cash generation. The combination of better than expected market conditions, strong worldwide consumer demand for our products and the successful U.S. launches of the Xbox from Microsoft and Nintendo’s GameCube, contributed to these results. We continue to focus on cost controls and operating efficiencies as key drivers of our operating margin expansion initiatives."
Source: http://coremagazine.com

Comments

Site Statistics

Registered Members: 44,276
Forum Posts: 725,613
Xbox One Titles: 1,007
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,624
Member Reviews: 10,339
News Articles: 13,917
Screenshots: 30,534
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox One S Wolfenstein 2 The New Colossus
Post by oryanphine
1 Replies, 114 Views

Xbox One S Prey
Post by oryanphine
0 Replies, 74 Views

Xbox One S Cuphead
Post by oryanphine
2 Replies, 118 Views

Xbox One S Shadow of War a gagner
Post by oryanphine
0 Replies, 100 Views

I Buy Very Rare XBox 360 Faceplates
Post by Smill
5 Replies, 312 Views

Xbox Wire desormais disponible en francais
Post by oryanphine
0 Replies, 394 Views

Manette Xbox 360 Gamestop Radioactive
Post by oryanphine
1 Replies, 747 Views

Xbox One Moratl Kombat X sur Ebay
Post by oryanphine
0 Replies, 733 Views

Console Xbox 360 et faceplate Xbox 360 in package blue
Post by oryanphine
0 Replies, 669 Views

Seagate Fanfest External Drive Scorpio
Post by oryanphine
2 Replies, 805 Views

Ultimate Game Face
Post by oryanphine
3 Replies, 851 Views

Home screen customization?
Post by DJ tx
2 Replies, 816 Views

Xbox One Manette E317 en vente sur ebay
Post by oryanphine
5 Replies, 1077 Views

Xbox 360 Summer Intern Celebration 2009
Post by oryanphine
0 Replies, 919 Views

Xbox One Limbo
Post by oryanphine
3 Replies, 961 Views

© 2000-2017 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics