WoW Classic success highlights the potential for compelling new content releases to increase community sizes.Call of Duty increased its reach to many new different countries with new Modern Warfare, with a double-digit increase when compared to Black Ops 4.Key highlights for the quarter were Call of Duty and World of Warcraft Classic. Their projection for Q4 was $1.81B revenue, but ended up achieving $1.99B. ATVI had a better-than-expected Q4, with revenue 9.9% ahead of its guidance value.Overall, exceeding expectations is an overall positive outlook for a company which deals with a constant ebb and flow. Although analysts projected their monthly active users (MAU) to fall down below 300 million, Activision Blizzard reported its user base surge to over 400 million, the first time the company's user base has grown year-to-year since 2016. Highlights of this quarter's breakdown include much higher than expected results, despite overall falling net income, adjusted earnings, and revenue compared to the same quarter last year in 2018. Keep in mind that these results pertain to all of Activision Blizzard and their subsidiaries, of which Blizzard Entertainment is just one studio. For those unfamiliar with those conference calls, they are held by Activision Blizzard to inform their investors about financial results every three months, including highlights from their games and plans for the future. Activision Blizzard had its 4th Quarter 2019 Results Conference Call today, highlighting the company's results for the final three months of 2019.
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