The Microsoft deal, not profit, is the focus of Activision stock

Wall Street barely reacted

Activision Blizzard

third-quarter results on Monday, as investors are much more focused on its acquisition deal

Microsoft

for $69 billion in cash.


Activision Blizzard

reported net bookings, a form of adjusted earnings, of $1.83 billion, while non-GAAP earnings came in at 68 cents a share. Analysts polled by FactSet had forecast bookings of $1.7 billion and non-GAAP earnings of 50 cents per share. The company has had its say Call of Duty: Modern Warfare II the title was the fastest selling in franchise history.

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