NEWS - Friday, July 29, 2005


Activision Q1 Shows Strong Revenues

Activision Q1 Shows Strong Revenues, Net Loss Activision today announced financial earnings for its first quarter, showing record net revenues bolstered by DOOM thundering onto Xbox. For the period ending June 30, 2005, Activision reports net revenues of $241.1 million as compared to $211.3 million in the same quarter last year. However, this year the company shows a first quarter net loss of $3.6 million, as opposed to a net income of $12 million last year. Activision’s strong revenues were driven by the success of DOOM 3 for Xbox, Madagascar, and Fantastic 4 -- all of which shipped more than one million units. The company also saw strong sales of Star Wars Episode III: Revenge of the Sith for PlayStation 2 and Xbox -- a title which Activision publishes in Europe. "Fiscal 2006 is off to a strong start," said Activision chairman and CEO Robert A. Kotick. "To date DOOM 3, Madagascar and Fantastic 4 each have shipped in excess of one million units. During the quarter, we continued to strengthen our business. With $786 million in cash and short-term investments, one of the industry’s strongest balance sheets and a strong product development slate, we have entered fiscal year 2006 with numerous competitive advantages." For its second quarter the company expects net revenues of $200 million. Activision’s titles for the coming quarter include Ultimate Spider-man, X-Men Legends II: Rise of Apocalypse, and World Series of Poker. The company has increased its outlook for fiscal 2006 to $1.47 billion in net revenues.
Source: http://www.ign.com

Comments

Site Statistics

Registered Members: 44,598
Forum Posts: 725,800
Xbox One Titles: 1,252
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,703
Member Reviews: 10,339
News Articles: 14,426
Screenshots: 31,248
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox One X Black Panther
Post by oryanphine
1 Replies, 133 Views

Xbox Playdates Canada May 2018 schedule
Post by Kiesey
3 Replies, 239 Views

Is anything happening in XBox One land?
Post by DJ tx
7 Replies, 476 Views

Xbox One S Jojeux Anniversaire
Post by oryanphine
1 Replies, 308 Views

Xbox One X Steelbook
Post by oryanphine
1 Replies, 348 Views

Xbox Playdates Canada April 2018 Schedule
Post by Kiesey
4 Replies, 615 Views

Xbox One X World of tanks
Post by oryanphine
2 Replies, 792 Views

Xbox Playdates Canada - March 2018 Schedule
Post by Kiesey
7 Replies, 983 Views

Any info on Biomutant release?
Post by DJ tx
4 Replies, 894 Views

Xbox Playdates Canada - February Playdates Schedule
Post by Kiesey
8 Replies, 1166 Views

Xbox Prototype Communicator
Post by oryanphine
1 Replies, 1427 Views

Xbox One S Dragon Ball Fighterz
Post by oryanphine
0 Replies, 948 Views

Xbox One S Theme Hockey
Post by oryanphine
0 Replies, 822 Views

New Fable is coming!
Post by Shadow20002
2 Replies, 1118 Views

RPG Recommendation?
Post by DJ tx
8 Replies, 1190 Views

© 2000-2018 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