Activision Blizzard doing better than expected

April 16, 4:08 AMLA Gaming News ExaminerErik Johnson

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Activision Blizzard has announced that its March quarter net revenues and earnings per share are ahead of previous goals, citing Call of Duty, Guitar Hero and, of course, World of Warcraft as franchises that continue to stay strong despite the economic downturn.

The mega-publisher had estimated that the quarter would see $860 million in net revenues and earnings of $0.08 per share. Now, the company says its results will be higher than expected, offering no figures to go with the claim.

From CEO Bobby Kotick:

"Global consumer response to the Call of Duty and Guitar Hero franchises and Blizzard Entertainment's World of Warcraft remains strong despite the challenging economic environment. We exceeded our quarterly financial goals as the videogame market continues to grow and our franchises continue to perform."