For Q3, the company reported 345 million users, a 2 percent drop despite the release of the aforementioned Call of Duty title which has accrued more than $500 million in sales thus far. In Q2 of 2018, the monthly active users for Activision’s game, which include major titles such as Overwatch, World of Warcraft, and Call of Duty: Black Ops 4 sat around 352 million. While the estimated revenue for the company was in-line with their projections of $1.66 billion for the quarter, a drop in monthly active users for the third straight quarter turned out to be a cause for concern for some. Overnight, Activision Blizzard (ATVI) stock dropped by an estimated 10 percent after their Quarter 3 earning’s report was made public. ▲ Activision Blizzard's stock takes a dip overnight as their Q3 playerbase undershot expectations.
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