Armin Zerza: top related news

Activision Blizzard has released its first quarter financial results for the year of 2022, announcing a declined quarterly revenue of $1.77 billion, narrowly missing analyst estimations of $1.8 billion, citing robust growth at King offset by poor Call of Duty: Vanguard performance and a lack of major Blizzard releases. In positive news however, Diablo Immortal was announced to release on June 2nd with PC cross-play, while internal testing for Diablo 4 is already underway, public testing of Overwatch 2 beginning tomorrow on April 26th, and a Warcraft mobile announcement in the coming weeks. Due to the pending acquisition by Microsoft, the financial results have been presented without the usual conference call, and the the report lacked a personal quote from CEO Bobby Kotick or CFO Armin Zerza, though the business highlights cited increased legal fees as a result of the pending merger with Microsoft and cited the hiring of several hundred new developers. Additionally, the report acknowledged recent news in the approval of an $18 million settlement with the EEOC, converting 1,100 QA workers to full time, and the appointment of Kristen Hines as DE&I lead.