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Activision Blizzard Beats Estimates, Boosted by Mobile Games

  • Mobile gaming division includes Diablo Immortal, Candy Crush
  • Latest Call of Duty:Modern Warfare II sets franchise record
A person plays 'Call of Duty' on a mobile phone at the Gamescom video game fair in Cologne, Germany. 

A person plays 'Call of Duty' on a mobile phone at the Gamescom video game fair in Cologne, Germany. 

Photographer: Ina Fassbender/AFP/Getty Images
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Activision Blizzard Inc. beat analysts’ estimates for bookings and profit in the third quarter, boosted by its mobile gaming division. 

The video game publisher reported net bookings, which excludes deferred sales from online purchases, fell 2.6% to $1.83 billion. That was still ahead of the $1.7 billion average analyst forecast, according to data compiled by Bloomberg. Adjusted earnings per share were 68 cents, ahead of analysts’ estimates for 50 cents, according to data compiled by Bloomberg.