Yahoo! News: Internet News: Activision Blizzard's second-quarter profit rises (Reuters)

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Activision Blizzard's second-quarter profit rises (Reuters) Aug 3rd 2011, 20:19 NEW YORK (Reuters) – Activision Blizzard, the biggest U.S. video game publisher, said its quarterly revenue and profit rose as more gamers bought content over the Internet for its biggest franchise, "Call of Duty." Sales rose 2 percent to $699 million, which beat the $600 million in sales that analysts on average were expecting. Its net income increased to $335 million, or 29 cents per share, from $219 million, or 17 cents per share, a year earlier. Excluding deferred revenue and restructuring charges, the company earned 10 cents per share, up from 6 cents per share a year earlier. (Reporting by Liana B. Baker; Editing by Richard Chang)

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