Activision Blizzard Q1 2020 Earnings Call
Activision Blizzard had their earnings call today.


  • Activision had 102 million MAUs in the first quarter. This is down from 128 million MAU in Q4 2019.
  • Blizzard had 32 million MAUs in the first quarter. This is the same as Q4 2019.
  • After doubling in the second half of 2019, World of Warcraft’s active player community increased further in the first quarter, driven by both new and returning players, as the team continued to deliver more content between expansions than ever before.
  • Each of Blizzard’s key franchises experienced a month-on-month increase in MAUs in March as a result of shelter-at-home tailwinds.
  • Hearthstone engagement improved sequentially, driven by the new Battlegrounds game mode and strong execution in live operations.
  • Overwatch engagement increased meaningfully in March and the Overwatch League successfully moved to online play and remote production.
  • Shadowlands is still on schedule to release during Q4 this year.
  • World of Warcraft drove strong revenue growth and operating margin growth for Blizzard.
  • WoW Classic has been very strong in the east, WoW Retail was strong in the West.

Originally Posted by Blizzard Entertainment
COVID-19 Response
At Activision Blizzard, our number one priority is the health and safety of our employees and their families. All of our offices moved to work-from-home environments by mid-March. We are covering all costs of testing and treatment for affected employees and their families, and we have increased access to tele-health resources and contracted private doctors and medical support in regions where our employees live and work. And we are continuing to find other ways to support our employees and their families as we navigate through this unprecedented situation, including services to help families balance work and home life.

The digital nature of our content means our creative talent can continue to work on our product pipeline from home. While the shift to remote working adds complexity and challenges in some areas of the game development process, we are implementing mitigation measures to address these areas and, based on the work to date, we still expect to deliver a robust slate of content over the remainder of the year.

We have leveraged our game platforms to disseminate critical health and safety information while offering in-game events and rewards to promote social distancing. We have made donations to world class health organizations and medical centers in cities where our employees live and work, funding promising convalescent blood therapies and drug trials. And we have made an additional contribution to our own Call of Duty Endowment to continue placing veterans into high-quality jobs.

The increasingly digital, recurring and cash-generative nature of our operations remains one of our fundamental strengths. With a strong balance sheet, low capital intensity and a track record of disciplined capital allocation, we have substantial flexibility as we navigate through an uncertain environment.
This article was originally published in forum thread: Activision Blizzard Q1 2019 Earnings Call started by chaud View original post
Comments 159 Comments
  1. LedZeppelin's Avatar
    Poor heroes of the storm. Even edged off by a mobile game no one will play
  1. Volatilis's Avatar
    "improved sequentially"

    "increased meaningfully"

    "strong execution in live operations."

    Ill have to remember these for when I have to downplay bad news at work. Genius stuff.
  1. Lurker1's Avatar
    Quote Originally Posted by Volatilis View Post
    "improved sequentially"

    "increased meaningfully"

    "strong execution in live operations."

    Ill have to remember these for when I have to downplay bad news at work. Genius stuff.
    Your a retard it means blizzard is still winning even in 2020 feels good man!
  1. Sanguinerd's Avatar
    Not that it's a surprise but.. 8.3 till atleast august then ;/

    Great.
  1. Volatilis's Avatar
    Quote Originally Posted by Lurker1 View Post
    Your a retard it means blizzard is still winning even in 2020 feels good man!
    "your a retard"

    its "you're a retard". If you're gonna throw insults from 2008 spell them correctly.
  1. peepeepoopants's Avatar
    Quote Originally Posted by Lurker1 View Post
    Your a retard it means blizzard is still winning even in 2020 feels good man!
    Winning by losing about 1/6th of their monthly users. Good job, Acti-Blizz, it's really fantastic to see that WoW is still a great earner for you from all those paypig, cash shop retards that still play retail.

    The increasingly digital, recurring and cash-generative nature of our operations remains one of our fundamental strengths. With a strong balance sheet, low capital intensity and a track record of disciplined capital allocation, we have substantial flexibility as we navigate through an uncertain environment.
    Yep, that great track record of applying very little cash to your development processes. Has no one cottoned on to the fact that all Blizzard games started to really look same-y from 2012 onward? They're all made with the same tools because it's cheap. The whole model revolves around putting in as little as possible on their end while getting as much as possible out of you, the end user. How anyone who has played WoW for more than 2 years hasn't cottoned on to this is beyond me.

    Peace out, fucks. Mods will probably ban me for this post.
  1. Omedon's Avatar
    I'm so glad to see Hearthstone battlegrounds be a real mover of numbers, that looks good for the WoW iteration of auto-battler "adventures" being potentially very good! I hope it translates fully to the WoW companion app!
  1. Butler to Baby Sloths's Avatar
    Quote Originally Posted by Sanguinerd View Post
    Not that it's a surprise but.. 8.3 till atleast august then ;/

    Great.
    August? More like September or October for 9.0 if we get the normal 6 weeks of pre-patch.
  1. Argorwal's Avatar
    So classic is succeeding in the East (more prone to grind games) and retail in the West?

    Interesting
  1. Malum's Avatar
    Quote Originally Posted by Lurker1 View Post
    Your a retard it means blizzard is still winning even in 2020 feels good man!
    lol I love when dumb people call other people dumb. Except in this case it's just Lurker1 who is dumb.
  1. Omedon's Avatar
    Quote Originally Posted by Argorwal View Post
    So classic is succeeding in the East (more prone to grind games) and retail in the West?

    Interesting
    I'd chalk that up to Retail being yes, grindy, but "western grindy," with modernly curated, intentional lockouts (visions) or visibly obvious time efficiency dropoffs (islands, assaults) preventing or disincentivizing one from playing unhealthily... like early MMOs flat out encouraged.
  1. Dracullus's Avatar
    Quote Originally Posted by Sanguinerd View Post
    Not that it's a surprise but.. 8.3 till atleast august then ;/

    Great.
    You really want repeat of BfA rushed launch? Let them work until they say product is ready.

    Also I don't get how Q4 is a news. We had "before December 31" message on pre-order (both BfA and Legion had "before September 21"). Last big patch launched really late in expansion lifetime compared to Legion and MoP. Last upgrade to legendary cloak is scheduled for 9th September.

    If anything, some MMOChamps here, that always must come with doomer&gloomer version of reality (no matter how bad reality is), were rather spreading news about "certain" 2021 release. Good to know Q4 schedule remain intact so far, but I hope they are more flexible this time if something would go wrong during Beta like it went during BfA testing.
  1. Pheraz's Avatar
    Quote Originally Posted by Volatilis View Post
    "your a retard"

    its "you're a retard". If you're gonna throw insults from 2008 spell them correctly.
    I'm sorry, but even though I am not a native English speaker I could not resist:

    It's "It's 'you're a retard'"
  1. Chickat's Avatar
    So blizzard is either growing or holding their own on numbers, but Activision is hemorrhaging players. Blizzard will continue to be Activisions strongest asset for a while it seems.
  1. SinR's Avatar
    HIGH FIVES EVERYONE WE MADE A PROFIT!

    no one? y'all gonna leave me hanging?
  1. Mosha's Avatar
    Quote Originally Posted by Pheraz View Post
    I'm sorry, but even though I am not a native English speaker I could not resist:

    It's "It's 'you're a retard'"
    Get um boy
  1. Gorsameth's Avatar
    Quote Originally Posted by peepeepoopants View Post
    Winning by losing about 1/6th of their monthly users. Good job, Acti-Blizz, it's really fantastic to see that WoW is still a great earner for you from all those paypig, cash shop retards that still play retail.
    Read the OP again, carefully this time.

    Activision lost MAU, Blizzard kept stable.

    Both are part of ActivisionBlizzard. Since Blizzard kept stable that means the losses came from other parts of Activision.

    So yes, Blizzard is still 'winning'.

    - - - Updated - - -

    Quote Originally Posted by SinR View Post
    HIGH FIVES EVERYONE WE MADE A PROFIT!

    no one? y'all gonna leave me hanging?
    *high fives*
  1. Shakzor's Avatar
    Can't wait for "Shadowlands WILL be delayed", even though they say repeatedly over and over "it's on track"
  1. Beefhammer's Avatar
    Quote Originally Posted by Gorsameth View Post
    Read the OP again, carefully this time.

    Activision lost MAU, Blizzard kept stable.

    Blizzard is a part of Activision. Since Blizzard kept stable that means the losses came from other parts of Activision.

    - - - Updated - - -

    *high fives*
    Blizzard is apart of ActivisionBlizzard just like Activision is apart of ActivisionBlizzard.
  1. Low Hanging Fruit's Avatar
    Hell yeah, I lost money to these people so they could make it!

    (what are we celebrating again?)

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