Q3 2020 Financial Performance - Q3 GAAP revenues reached $1.95 billion, exceeding the guidance of $1.80 billion[10] - Q3 net bookings amounted to $1.77 billion, surpassing the guidance of $1.65 billion[10] - Q3 GAAP EPS hit a record of $0.78, compared to the guidance of $0.64[10] - Q3 non-GAAP EPS also reached a record of $0.88, exceeding the guidance of $0.75[10] Key Franchises Performance - Call of Duty, World of Warcraft, and Candy Crush are each projected to generate over $1 billion in net bookings this year[11] - Call of Duty console and PC in-game net bookings were four times higher year-over-year[16] - King delivered robust double-digit year-over-year growth in advertising net bookings[21] Monthly Active Users (MAUs) - Activision had 111 million MAUs[16] - Blizzard had 30 million MAUs[19] - King had 249 million MAUs[21] Segment Results - Activision's Q3 net revenues were $773 million, with a 45% operating margin[23] - Blizzard's Q3 net revenues were $411 million, with a 32% operating margin[23] - King's Q3 net revenues were $536 million, with a 46% operating margin[23] Balance Sheet - Cash and investments as of September 30, 2020, were $7.60 billion[28] - Gross debt as of September 30, 2020, was $3.65 billion[28]
AB(ATVI) - 2020 Q3 - Earnings Call Presentation