Activision Blizzard Inc. (ATVI) said late Thursday it is delaying the release of its "World of Warcraft: Shadowlands" installments to continue beta testing the game. The company's Blizzard division said it had expected to release the update to the massive multiplayer online role-playing game at the end of October but is opting to release it "later this year." The company said it does not expect the delay to have "material impact" on its financial results this year. Analysts surveyed by FactSet expect full-year earnings of $3.26 a share on revenue of $7.86 billion from the company. "Blizzard is extending the beta test and iterating based on great input from players, focusing on endgame-related tuning and polishing efforts that have been partially slowed due to the team working from home during the ongoing pandemic," the company said in a statement. Activision Blizzard shares declined 0.5% after hours, following a 2.1% gain in the regular session to close at $82.68.
-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
October 01, 2020 17:15 ET (21:15 GMT)
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