Activision Blizzard reported a significant reduction in operating profit for the last quarter and the year

Activision Blizzard reported a significant reduction in operating profit for the last quarter and th ...

Activision Blizzard, which is currently merging with Microsoft, has released its latest financial report. This report summarizes the data for the last calendar quarter of 2022, which includes the Christmas season from October to December.

A few excerpts from the Activision Blizzard report

According to estimates, operating profit decreased by 10% in the fourth quarter of 2022, versus $2.16 billion in 2021). Activision Blizzard's $45 million $311 million King $233 million $310 million Activision Blizzard promises a "full premium release" in 2023, and earlier there were rumors that developers might develop additional game franchises.

The Microsoft agreement, according to Activision Blizzard, is still expected to close by June 30, 2023.

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