Beijing time May 10 Morning news, dynamic view Blizzard released its fiscal year 2011 first quarter earnings. The report showed that Blizzard's first quarter net revenue was $1.4 billion, a year earlier at $1.3 billion trillion, and a net profit of $503 million trillion, which was $381 million a year earlier. Blizzard's first-quarter results exceeded Wall Street analysts ' expectations, but expectations for second-quarter earnings were less than analysts had expected. During the fiscal quarter ended March 31, the net profit of Blizzard was 503 million U.S. dollars, earning 42 cents per share, a performance better than the same period last year. In the first quarter of fiscal 2010, the net profit of Blizzard was 381 million U.S. dollars, earning 30 cents per share. Not according to the U.S. General accounting standards, dynamic Blizzard first quarter net profit of 156 million U.S. dollars, earnings per share of 13 cents, more than analysts had expected. Analysts have averaged 8 cents per share in Blizzard's first quarter, according to a Thomson Reuters poll. Blizzard's first-quarter revenue was $1.45 billion, up nearly 12% from a year earlier. Not according to the United States General accounting standards, dynamic Blizzard first quarter revenue of 755 million U.S. dollars, more than analysts had expected. Analysts have averaged 668.3 million dollars in Blizzard's first quarter, according to a Thomson Reuters poll. Blizzard's first-quarter revenue from digital channels grew 30% from a year earlier, representing a 58% percentage of total revenue. Blizzard predicted that, not in accordance with U.S. general accounting standards, 2011 fiscal year revenue of 3.95 billion U.S. dollars, higher than the company's previous expected 3.9 billion U.S. dollars. Blizzard is expected to gain 73 cents per share in fiscal year 2011, up from the previously expected 70 cents. Blizzard also predicted that the second-year fiscal 2011 earnings per share of 4 cents, revenue of 575 million U.S. dollars, are less than analysts expected. Analysts polled by Thomson Reuters showed an average of 8 cents per share in Blizzard's second-quarter earnings, with a revenue of 658.7 million dollars. On that day, the dynamic view of Blizzard shares in the Nasdaq conventional trading rose 0.09 U.S. dollars, closed at 11.53 U.S. dollars, up 0.79%. In the ensuing trading, Blizzard shares rose 0.03 US dollars to $11.56, or 0.26%. In the past 52 weeks, the maximum price of the dynamic blizzard was 12.65 U.S. dollars, the lowest price is 10.01 U.S. dollars. (Tangfeng)
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