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02.08 / 23:27
Overwatch Warcraft UPS Diablo Blizzard hopes Overwatch 2 release can reverse downward trend
Blizzard is pinning quite a few hopes on the Overwatch 2 release on October 4, following a not-insignificant decline in profits during the company’s second quarter. Activision Blizzard reported it generated $0.66 billion less in revenue in 2022’s second quarter compared to the same period in 2021. A bit of perspective is helpful here, though. The Overwatch maker still made $1.64 billion across its Activision, Blizzard, and King,makers of Candy Crush Saga, division. Operating cash flow – revenue after operating expenses – was still $198 million, though that, too, is down compared to $388 million at the end of June 2021.
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