Activision Blizzard (ATVI) Q1 earnings

A crowd waits for a video presentation at the Activision booth during the Electronic Entertainment Fair, known as E3, in Los Angeles, California.

Jonathan Alcorn | Reuters

Video game publisher Activision Blizzard missed its adjusted first-quarter sales estimate on Monday, hit by low demand for its latest title “Call of Duty: Vanguard”.

The company’s quarterly adjusted revenue stood at $1.48 billion, compared with analysts’ estimates of $1.80 billion, according to Refinitiv IBES data.

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