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ATVI Q4 earnings 'impressive' despite MSFT acquisition 'distraction': CFRA VP

Yahoo Finance Video

John Freeman, CFRA Vice President, Equity Research, discusses Take-Two Interactive and Activision Blizzard earnings.

You can see the full interview here.

Key video highlights

00:00 On earnings surprise

00:11 On Call of Duty

00:33 On video game business

Video transcript

JOHN FREEMAN: I was really surprised with Activision. I mean, clearly, they're executing despite the potential distraction of the Microsoft acquisition. And Call of Duty is just an outstanding property. And they continue to-- what's really impressive, they continued-- it's over 20 years old. And if they continue to find really compelling updates to it that drive user engagement, which drives, obviously, which drives revenue, obviously, video games, right? It's a little bit like landing a F-18 Hornet on an aircraft carrier at night in stormy seas, you know? This was a very hit driven business, but this was a pretty impressive beat on at least on the top line, no doubt.