-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TSiowjj+0NKvlCRA7340tFJP22FCrh0boMDV5FyDyHqIR9Do7g89O09RzTSWkH9N xpjFkAzj0WjWGBSkNq4sVw== 0000950138-03-000710.txt : 20031218 0000950138-03-000710.hdr.sgml : 20031218 20031218171936 ACCESSION NUMBER: 0000950138-03-000710 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031217 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20031218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACTIVISION INC /NY CENTRAL INDEX KEY: 0000718877 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954803544 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15839 FILM NUMBER: 031063087 BUSINESS ADDRESS: STREET 1: 3100 OCEAN PARK BLVD STREET 2: STE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 3102552000 MAIL ADDRESS: STREET 1: 11601 WILSHIRE BLVD 3RD FL STREET 2: STE 1000 CITY: LOS ANGELES STATE: CA ZIP: 90025 FORMER COMPANY: FORMER CONFORMED NAME: MEDIAGENIC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ACTIVISION INC DATE OF NAME CHANGE: 19880829 8-K 1 dec_8-k.txt ACTIVIS\2003\DEC 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) December 18, 2003 (December 17, 2003) ------------------- ACTIVISION, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 0-12699 95-4803544 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 3100 Ocean Park Blvd., Santa Monica, CA 90405 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (310) 255-2000 - -------------------------------------------------------------------------------- NA - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits. (c) Exhibits. 99.1 Press Release of Activision, Inc., dated December 17, 2003. Item 9. Regulation FD Disclosure. On December 17, 2003, Activision, Inc. issued a press release announcing revised revenues and earnings guidance for the third fiscal quarter of fiscal year 2004 and for the full 2004 fiscal year. In addition, Activision reiterated its fourth fiscal quarter of fiscal year 2004 outlook. The press release is attached hereto as Exhibit 99.1. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 18, 2003 ACTIVISION, INC. By:/s/ Ronald Doornink ---------------------------- Name: Ronald Doornink Title: President 2 EX-99 3 ex99-1.txt DEC 17 PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Bill Chardavoyne Chief Financial Officer (310) 255-2229 bchardavoyne@activision.com Kristin Mulvihill Southey Vice President, Investor Relations (310) 255-2635 ksouthey@activision.com Maryanne Lataif Vice President, Corporate Communications (310) 255-2704 mlataif@activision.com ACTIVISION RAISES FULL FISCAL YEAR 2004 DILUTED EARNINGS PER SHARE OUTLOOK BY 65% -Third quarter diluted EPS from $0.45 to $0.67- -Fiscal year 2004 diluted EPS from $0.34 to $0.56- Santa Monica, CA - December 17, 2003 - Activision, Inc. (Nasdaq: ATVI) announced today that based on better than expected consumer response to its holiday slate and the strength of its distribution and value divisions, the company is raising its net revenue and diluted earnings per share outlook for the third quarter and full fiscal year 2004. The company's revised outlook marks the highest net revenues in company's history for both the third quarter and full fiscal year. For the fiscal third quarter ending December 31, 2003, Activision expects record earnings per diluted share of $0.67 on net revenues of $480 million, an increase from the company's prior earnings outlook of $0.45 per diluted share on net revenues of $390 million. The company's revised third quarter earnings per diluted share outlook takes into account the previously announced pre-tax charge of $0.16 per diluted share related to product cancellations. Year-over-year, the new December quarter outlook represents a 60% increase in earnings per diluted share and 27% increase in net revenues. For the fourth quarter, Activision reaffirmed its previous outlook. The company expects net revenues of $114 million and a loss per share of $0.05. For the full fiscal year, Activision expects earnings per diluted share of $0.56 as compared to its previous outlook of $0.34 and net revenues of $870 million, an increase of $90 million, as compared with its previous outlook of $780 million. The company's revised full year earnings per diluted share outlook takes into account the previously announced pre-tax charge of $0.16 per diluted share related to product cancellations. Ron Doornink, CEO of Activision Publishing, Inc., said, "Our key holiday titles Tony Hawk's Underground, True Crime: Streets of L.A.TM and Call of DutyTM are performing well worldwide on all major platforms. We are pleased that the Tony Hawk series remains a top-selling franchise around the world, while our original properties, True Crime and Call of Duty, are off to a solid start and have strong sequel potential." Doornink continued, "True Crime: Streets of L.A. was the #1 best-selling title in aggregate across all platforms and Tony Hawk's Underground was the #4-selling game in aggregate across all platforms for month of November in the U.S., according to the NPD Funworld Report. Our critically acclaimed PC title, Call of Duty, was the #1 best-selling game in dollars for the week ending November 29, 2003 according to NPD Intellect's U.S. PC sales report." Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $864 million for the fiscal year ended March 31, 2003. Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia and the Netherlands. More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com. The statements contained in this release that are not historical facts are "forward-looking statements." The Company cautions readers of this press release that a number of important factors could cause Activision's actual future results to differ materially from those expressed in any such forward-looking statements. These important factors, and other factors that could affect Activision, are described in Activision's Annual Report on Form 10-K for the fiscal year ended March 31, 2003, which was filed with the United States Securities and Exchange Commission. Readers of this press release are referred to such filings. ### -----END PRIVACY-ENHANCED MESSAGE-----