Diablo 4 helps Blizzard smash $1bn barrier in latest financial quarter
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Activision Blizzard’s latest financial earnings report has arrived, and while it’s good news for the company as a whole, Blizzard in particular has had a stellar quarter, surpassing $1bn in net bookings for the first time ever thanks to the launch of Diablo 4.
In its second quarter earnings report for the latest financial year, Activision Blizzard announced 50 percent year-over-year growth in net bookings, with the company amassing $2.46bn compared to the $1.64bn it reported in the second quarter of 2022.
That’s down to a mix of increased “player investment in live operations content” across games such as Call of Duty, which rose by 17 percent, and “another quarterly net bookings record at King”. The big applause, though, is reserved for Diablo 4, which, as of the end of Blizzard’s record-breaking second quarter – which saw the studio’s segment revenue grow by 160 percent year-over-year and its operating revenue more than triple – has “sold-through more units than any other Blizzard title at an equivalent stage of release.”
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