King generated almost a third of Activision Blizzard's $1.6 billion revenues in Q3

King generated almost a third of Activision Blizzard's $1.6 billion revenues in Q3

Activision Blizzard has released its financials for Q3 FY17 for the three months ending September 30th 2017.

The company posted revenues of $1.62 billion for the quarter, up 3.2% year-on-year. Operating income for the quarter fell by 12.6% year-on-year to $257 million.

Breaking this down further, King alone generated $528 million in revenues for the quarter, up 15% year-on-year. This also represents a 10% increase quarter-on-quarter for the period.

Rises and falls

King's MAUs continued to fall to 293 million in the quarter, down from 314 million in Q2. However, gross bookings per paying user grew for the ninth consecutive quarter.

On top of that, the number of paying players for King's games increased for the first time since Q1 FY16. The Candy Crush franchise also had its strongest quarter yet, with gross bookings up 17% quarter-on-quarter and 22% year-on-year.

Looking ahead, King is said to be making progress on a pipeline of new games. Several of these, including Farm Adventure, Candy Crush Friends Saga, and a social casino game, are already in soft launch.

Deputy Editor

Ric has written for for as long as he can remember, and is now Deputy Editor. He likes trains.


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