No bad stock

Activision Blizzard, Inc.
CEO : Mr. Robert A. Kotick

Quarterly earnings growth(YoY,%)

Daniel Alegre says,

ATVI Q3 2021 Earnings Call Summary

• Activision Blizzard’s Q3 results were above the outlook with consistent monthly active users and engagement in their content.
• Call of Duty continues to sustain engagement and player investment well above pre-free-to-play levels on console, PC, and mobile.
• Blizzard’s content plan for next year will benefit from more development time, delaying the launch of Overwatch 2 and Diablo IV than originally envisaged.
• World of Warcraft is on track to deliver its strongest engagement and net bookings outside of a modern expansion year in a decade.
• King business continues to perform well with strong growth in in-app purchases and advertising.

Bobby Kotick says,

Workplace Culture and Initiatives

• Activision Blizzard aims to be the leader in the industry for workplace culture
• The leadership team has been hard at work listening to employees and implementing meaningful changes
• The company has been focused on improving to become a model workplace
• The comprehensive agreement with the US Equal Opportunity Commission to strengthen policies and programs
• Establishment of an $18 million fund to compensate those who have experienced harassment and discrimination at the company
• Zer0-tolerance or Aspen policy Company-wide to make certain reports are always properly and promptly handled
• Pledge to increase the percentage of women and non-binary people in the workforce by 50%
• Additional $250 million investment over the next 10 years in initiatives that foster expanded opportunities in gaming and technology for underrepresented communities
• Waiving required arbitration of future individual sexual harassment and discrimination claims

Pay Equity

• Independent research firm conducted a review of 2020 pay equity at the company
• Women on average earned slightly more than men for comparable work in 2020
• The commitment to compensation remaining equitable for men and women performing comparable work always

Future Outlook

• The commitment to make Activision Blizzard the most welcoming and inclusive Company in the world will be accomplished
• The Company has more opportunities ahead of us than ever before
• The workplace initiatives will help the company remain one of the world’s most successful entertainment Company

Q & A sessions,

King Team Performance

• Exceptional performance and journey of King team
• Learnings from King team’s live operation capabilities, deeply analytical approach to creating engaging experiences, and data-driven marketing approach to be applied to Activision and Blizzard

Workplace Excellence

• Focus on workplace leadership and talent retention and attraction
• Recognition as the best place to work through inclusivity, growth and development programs, recruiting capabilities, and competitive compensation
• Commitment to delivering harassment and discrimination-free work environments, diverse skills and talents, and culture celebrating commitment to workplace principles
• Regular progress updates and accountability through quarterly and annual reports to shareholders, monitoring progress of business units, franchise teams, and functional leaders, and status reporting to employees quarterly