Activision Blizzard (NASDAQ:ATVI) has jumped 8.9% after hours following record Q4 results that came alongside a boosted dividend and buyback.
Earnings beat the company's own outlook and missed consensus. But Activision Blizzard increased its cash dividend by 15%, to $0.30/share, and authorized a $1B stock repurchase plan.
Revenue breakout: Product sales, $696M (down 2.1%); Subscription, licensing and other, $1.318B (up 105%).
NVDA with the considerable bounce after initial reaction.
EXPE disappointing, as is YELP.
Submitted February 09, 2017 at 04:38PM by dvdmovie1 http://ift.tt/2ltEJhv
