Activision Announces Q4 Results, Beats Estimates

Revenues for the period were $127 million, up 22 percent from the same period last year with $104 million. Earnings for the period were $875,000, or 3 cents per diluted share, compared with a net loss of $53 million ($2.07 per basic share) last year. Activision has raised its full-year 2002 per-share earnings estimates by 4 cents to 80 cents per share.