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Activision raises outlook on record results

Activision Inc has announced that it is raising its financial outlook for its fiscal third quarter, ending December 31, and for the financial year as a whole.

This is the result of better than expected revenues to date on its titles, which include Call of Duty 4: Modern Warfare and Guitar Hero III: Legends of Rock.

The statement released by the company revises the Q3 outlook up from USD 1.05 billion to USD 1.23 billion, with a diluted earnings per share moving from USD 0.51 to USD 0.66.
Alternative Sources:
Activision Raises Forecasts... - gamasutra.com | By: TnS
Activision Raises Outlook o... - gamedaily.com | By: njkid1
Activision forecast rocks up - gamespot.com | By: TnS
TnS - supercontributor
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