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This excerpt taken from the ATVI 8-K filed Feb 7, 2008. - #1 U.S. Console and Handheld Publisher for Calendar Year
Santa Monica, CA February 7, 2008 Activision, Inc. (Nasdaq: ATVI) today announced record financial results for the third fiscal quarter ended December 31, 2007.
Net revenues for the third quarter were a record $1.48 billion, an 80% increase, as compared to net revenues of $824.3 million reported for the same quarter last fiscal year. Net income for the third fiscal quarter was $272.2 million, for $0.86 in earnings per diluted share, as compared to a net income of $142.8 million and earnings per diluted share of $0.46 reported for the third quarter of last fiscal year. Excluding the impact of expenses related to equity-based compensation, the company had adjusted net income of $284.9 million and earnings per diluted share of $0.90 for the third quarter. This compares to adjusted net income of $147.5 million and earnings per diluted share of $0.48, excluding the impact of expenses related to equity-based compensation for the third quarter of last fiscal year.
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