Activision Blizzard is going to post up earnings tonight and not only do I think they’re going to post record earnings, but Blizzard is going to do great for the rest of 2017 and into 2018 as well

– They own King Entertainment now. That means they own Candy Crush aka the beloved mobile game of housewives everywhere. They’ve got the market of the hardcore and casual gamers.
– Overwatch strength isn’t waning, in fact recently they just passed 30 million players.
– Hearthstone just passed 70 million players.
– The new Call of Duty is returning to WWII and it looks like the general consensus online is very positive (wouldn’t matter anyways COD is a cash cow).
– Recently they’ve been improving their reputation and connection with gamers by providing support and updates to their older properties, notably Diablo 3 and Starcraft 2
– Heroes of the Storm 2.0 has a totally revamped microtransaction system (lootboxes anyone?) that is going to mimic the revenue success of Overwatch

Other than the actual company, the landscape for video gaming in general looks very good

– Prestigious schools like UC Irvine are seeing a future in e-sports and are building arenas and giving out e-sports scholarships
– MGM Grand in Las Vegas is building a dedicated e-sports arena
– ESPN and professional sports are starting to embrace e-sports, with ESPN broadcasting tournaments and the NBA officially creating a 2k league

[Putting my money where my mouth is](



– Activision Blizzard Announces Better-Than-Expected and **Record First-Quarter 2017 Financial Results**
– Record Q1 Operating Cash Flow of Over $400 Million, **up 22% Year-Over-Year**
– Activision’s total adjusted revenue rose **31.7 percent** to $1.20 billion in the first quarter ended March 31, from $908 million a year earlier.
– Analysts on average had expected revenue of $1.09 billion, according to Thomson Reuters I/B/E/S.
– For the quarter ended March 31, 2017, Activision Blizzard’s net revenues presented in accordance with GAAP were a Q1 record of $1.73 billion, as compared with $1.46 billion for the first quarter of 2016, **an increase of 19%.**
– Activision’s total adjusted revenue **rose 31.7 percent** to $1.20 billion in the first quarter ended March 31, from $908 million a year earlier.
– Activision Blizzard (NDAQ:ATVI) **target price raised to $58.00**

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