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Activision reports 'record' 2012 revenues of $4.86 billion

Plus record $1.77 billion net revenues for quarter ending December 31 2012

Activision has reported 'record' revenues for the calendar year 2012 and its fourth-quarter fiscal 2013.

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Calendar year 2012 net revenues reached a 'record' $4.86 billion, up from $4.76 billion for 2011. Net revenues from digital channels were $1.54 billion and represented 32% of the company's total revenues.

For its Q4 FY2013, ended December 31, 2012, the firm reported net revenues of $1.77 billion, up from $1.41 billion for the fourth quarter of 2011.

Activision Blizzard CEO Bobby Kotick said, "We are very pleased to report that Activision Blizzard delivered the best performance in its history. With better-than expected net revenues, record operating margins and record earnings, and over $1.3 billion in operating cash flow, we continue to set the industry success bar.

"As we look to 2013, we will continue to invest in our established franchises, as well as several new properties. We expect these investments to drive our growth over the long term and to enable us to deliver superior returns to our shareholders in the years to come," he added.

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