Take-Two Interactive isn’t the only kid on the block to announce quarter results today. Activision Blizzard let us know that for their 3rd fiscal quarter (July 1st to September 30th, 2011), they made a whopping $754 million. It’s not just a staggering number, but it’s even $9 higher than their profit was for the same point in time last year…as well as $104 million more than Activision was planning on making.

Finally, with Call of Duty: Modern Warfare 3 and Skylanders: Spyro’s Adventure looking to do very well for the company this holiday season, Activision Blizzard is upping their projected total revenue for the year, from $4.18 billion to $4.33 billion. Wow, a big congratulations. Part of the report is below.

Activision Blizzard’s Net Revenues and Earnings:

For the quarter ended September 30, 2011, the company delivered GAAP net revenues of $754 million, as compared with $745 million for the third quarter of 2010. On a non-GAAP basis, the company’s net revenues were $627 million, as compared with $857 million for the third quarter of 2010. The company delivered record third-quarter GAAP net revenues from digital channels, accounting for more than 57% of the company’s total net revenues. On a non-GAAP basis, the company also delivered record third-quarter net revenues from digital channels, accounting for more than 62% of the quarter’s total net revenues.
For the quarter ended September 30, 2011, Activision Blizzard’s GAAP earnings per diluted share were $0.13, as compared with $0.04 for the third quarter of 2010. On a non-GAAP basis, the company’s earnings per diluted share were $0.07, as compared with $0.12 for the third quarter of 2010.
The company reports results on both a GAAP and a non-GAAP basis. Please refer to the tables at the back of this press release for a reconciliation of the company’s GAAP and non-GAAP results.
Robert Kotick, Chief Executive Officer, Activision Blizzard, said, “Today, we launched Call of Duty®: Modern Warfare 3™, which is perhaps the most anticipated video game in history and Call of Duty Elite, our new online service that makes playing together easier and more fun than ever before. Call of Duty Elite is a truly new form of entertainment combining Facebook-like social networking features and online television shows, offering the most accessible way to play Call of Duty games with other people.”
Kotick continued, “We continue to strengthen our position as the worldwide leader in interactive entertainment and the broadening of our audiences is confirmation that games are becoming as important as film and television as a mass-market form of entertainment. Our record nine-month results were driven the by the continued strength of our online-enabled franchises. Based on our third-quarter performance, stronger than expected consumer response to our new entertainment property, Skylanders: Spyro’s Adventures™, and Call of Duty: Modern Warfare 3, we are raising our full-year financial outlook and expect once again to deliver record operating margins and the highest earnings per share in our company’s history.”
Kotick continued, “One of Activision Blizzard’s greatest skills is the creation and introduction of new intellectual properties. On October 16, we released Skylanders: Spyro’s Adventures — a uniquely immersive entertainment experience that integrates the world of toys, video games and online play. The game has received terrific reviews and sales so far are exceeding our expectations. Millions of Skylander toys are already in kids’ hands, and we expect the game will be a great holiday success.”
Kotick added, “As we focus on 2012, we have a strong product pipeline which features a minimum of two highly-anticipated new titles from Blizzard Entertainment, including Diablo® III, and a new Call of Duty game from Activision Publishing. As a result, we expect to deliver another year of profitable growth. I believe our unyielding commitment to excellence and our creative talent around the globe will continue to position Activision Blizzard as the leader in interactive entertainment.”

For the full report, please visit Activision.com.