Activision Blizzard tops expectations, sees ‘accelerating momentum’ into Q2

Activision Blizzard tops expectations, sees ‘accelerating momentum’ into Q2

Activision Blizzard tops expectations, sees ‘accelerating momentum’ into Q2On Tuesday, Activision Blizzard reported is first-quarter earnings report which beat on both top and bottom lines. The quarter’s performance has pushed Activision Blizzard to revise its 2020 full year guidance up from $6.45 billion to $6.8 billion, citing ‘accelerating momentum’ as it entered the second quarter since more people are playing video games during their shelter-in-place. Yahoo Finance’s Myles Udland and Jennifer Rogers break down the video game company’s earnings.