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Activision Has Best Year Ever

sjohnson
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Posted May 8, 2008 - By Stephen Johnson

Activision has been around for a long time, but this year was the best year ever in the history of the company. Activision reported record revenues for the fourth quarter and fiscal year ended March 31, and they've made 2.90 billion in net revenue, mostly on the back of the Guitar Hero and Call of Duty franchises. 2007 marks 16 years of consecutive growth for the company.

"Fiscal 2008 was the best year in our history and Q4 was the largest and most profitable non-holiday quarter, even though we did not release any new titles," said Robert Kotick, Chairman and CEO of Activision. "During the fiscal year, we were the #1 U.S. console and handheld publisher in dollars for the first time ever, according to The NPD Group, and we grew our worldwide share of the console, handheld and PC markets year over year. We achieved record financial performance significantly growing both net revenues and earnings per share. And, we delivered a record operating margin of 16.5% on a GAAP basis, and 18.4% on a non-GAAP basis, excluding the impact of equity-based compensation, and we increased stockholders' equity by 38%."

Game Daily: Best Year Ever: Activision Rocks with Nearly $3 Billion in Sales in Fiscal '08

Tags: Videogames
Activision Has Best Year Ever
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