How much cash flow did Activision Blizzard generate?

Activision Blizzard generated $577 million in operating cash flow for the quarter as compared with $642 million for the first quarter of 2022. Please refer to the tables at the back of this press release for a reconciliation of the company’s GAAP and non-GAAP results. Operating Metrics

Will Activision pay out its annual performance plans in stock in 2022?

The changes increased our Activision, Blizzard, King and non-reportable segment operating income by $43 million, $25 million, $65 million, and $27 million, respectively, for the three months and year ended December 31, 2021 . Similarly, in 2022, the Company is expecting to pay out certain of its annual performance plans in stock as opposed to cash.

Is Activision Blizzard a GAAP company?

On a non-GAAP basis, Activision Blizzard’s operating margin was 30% and earnings per diluted share was $2.58, as compared with $4.08 for 2021. For the quarter ended December 31, 2022, Activision Blizzard’s net revenues presented in accordance with GAAP were $2.33 billion, as compared with $2.16 billion for the fourth quarter of 2021.