background color: 
Nasdaq wags finger at Activision
Spider-man 3 publisher fails to report quarterly earnings in time in wake of stock back-dating scandal, could face delisting.
;)
Activision today said that it has received another warning from the Nasdaq after failing to file its earnings for the quarter ended December 31, 2006, in time. The publisher also said that the warning was expected.
This is the second straight quarter in which Activision has failed to file its earnings in time. Both delays were caused by internal investigations into stock-option grant practices. The company did, however, issue a recent "preliminary" earnings report in which it claimed it sold $822.8 million worth of games during the fourth quarter of 2006.
Activision was granted continued listing on the basis that it files both delayed quarterly reports by May 9 of this year, but does say that there is no assurance that it will be able to. If it fails to file its reports by that date, the company's stock could be delisted.
Sign up now to post a comment on this story!
56 Comments
First to Last
Latest
1 2
« prevnext »
lol
Who chose Colbert for this? No images of Activision or Nasdaq funny enough??
Posted Feb 19, 2007 4:53 am GMT
BIGBoss - Every major developer makes great games and crap games (well, capt maybe Nintendo). While EA is certainly not an inspired, creative developer, I can't stand by the besmirching of UbiSoft, which has published some of the greatest console games ever (Prince of Persia, Splinter Cell, Rayman) or Activision, financier of Id, the legendary PC games developer. These companies are light years ahead of EA
Posted Feb 19, 2007 12:32 am GMT
I hope Colbert gets royalties for that gratuitous use of his image. And how's that for a pathetic misattributed quote.
Posted Feb 18, 2007 11:15 pm GMT
activision is just another ea/ubisoft which means they want money first and to make good games second i know its a business but tell that to kojima games they would never compromise the quality of there game for money at least thats the feeling i get from them
Posted Feb 18, 2007 10:51 pm GMT
Other then COD 2, activision is trash. Before that it was spider man the movie, which isn't saying much. And before that they hadn't made a hit game since DOLPHIN! LOL!!!!!!!!!!!!!!!!(many of you are too young to rememder that game.) Thats was back in the Atari 2600 days.
Posted Feb 18, 2007 9:20 pm GMT
Ut o!!! Getting in trouble i see. They better wrap up all of that funny business. I'm sure its all good though. Silly earnings reports, who needs them.
Posted Feb 18, 2007 7:52 pm GMT
Once you get delisted can you be re listed, if not they are in serious trouble
Posted Feb 18, 2007 7:28 pm GMT
Activision can still sell games? $822 million to mee translates to a lot of low standards.
Posted Feb 18, 2007 2:24 pm GMT
I would think getting delisted would hurt them, and that that would be a big enough incentive to get on the ball with filing their stuff.
Posted Feb 18, 2007 8:06 am GMT
"Seriously.... what difference does it make if they are delisted. it won't stop them from making games. "
lol..yeah'
Posted Feb 18, 2007 6:05 am GMT
ACTIVISION is stupid for selling the creative assembly, now sega is getting good games again.
colbert wouldn't send eagles, they're endangered. On the other hand he'd say "send them anyway!"
Posted Feb 18, 2007 3:00 am GMT
I can't remember the last time I enjoyed a game from Activision.
Posted Feb 18, 2007 2:13 am GMT
what happens if the stock is delisted? what happens to my stock?
Posted Feb 18, 2007 12:01 am GMT
They should get De-listed for Wolverine's Revenge (what an awful game!).
Posted Feb 17, 2007 11:44 pm GMT
wonder what they're thinking cause seems like they have people in charge of things like that. Would like to think someone got in trouble for that, maybe not fired but a good stern talking to
Posted Feb 17, 2007 9:24 pm GMT
as long as they can still make games and Spider man 3 comes out in time ill be happy. Please just fine them dont harm them
Posted Feb 17, 2007 6:56 pm GMT
Ignore Spider-Man games for a second. The issue here is that Activision is (apparently) the second biggest game publisher behind EA, and it would be a major blow to the industry if Activision fell.
Posted Feb 17, 2007 5:11 pm GMT
Well i don't care i never liked playing spider man games.
Posted Feb 17, 2007 4:39 pm GMT
Hope they don't rush Spidey or cut development because of this.
Posted Feb 17, 2007 2:45 pm GMT
hmm. well, i just hope they get spiderman 3 made well and done.
Posted Feb 17, 2007 11:09 am GMT
AgostonF wrote: "Bears? It's dogs.. Or frickin' sharks with frickin' lazer beams attached to their FRICKIN' HEADS!!"
You must not watch the Colbert Report.
Posted Feb 17, 2007 7:10 am GMT
Its never a good thing when a company is late filing its fin reports. Usually means they are hiding something.
Posted Feb 17, 2007 6:38 am GMT
Obviously someone doesn't get the reference for the image. =/
Posted Feb 17, 2007 6:24 am GMT
Bears? It's dogs.. Or frickin' sharks with frickin' lazer beams attached to their FRICKIN' HEADS!!
Posted Feb 17, 2007 6:03 am GMT
Something's fishy with their CFO. They need to get him out & put someone else there before it goes awry.
Posted Feb 17, 2007 5:18 am GMT
hmm.... it's a good thing I haven't liked activision since Elite Force 2. Still, it would be nice to see them make a comeback both financially and in game quality.
Posted Feb 17, 2007 3:52 am GMT
This is ridiculous. If they get delisted, they'll have to hire a team just to recieve the death threats from investors. (Although if you've been investing in activision a lot, you should realize that Atari sales are down lately)
Posted Feb 17, 2007 3:25 am GMT
care factor = 0
last game worth playing by them was COD2 and that was almost a year ago. no one really cares about multi plat developers.
Posted Feb 17, 2007 2:55 am GMT
What they should do, since RTS are making a comeback, is make Dark Reign 3
Posted Feb 17, 2007 2:42 am GMT
Latest News
Latest Entertainment Headlines
Latest music headlines from 
Sufjan Stevens hints at Calif. album
In an interview with an artist on his label, singer-songwriter suggests the Golden State could be next on his list of state-themed albums.
In an interview with an artist on his label, singer-songwriter suggests the Golden State could be next on his list of state-themed albums.
News Features
Featured Stories
Rewards coming for Gamerscores, offer extended
[UPDATE] Microsoft challenges gamers to increase their Gamerscores by 1,500 points in 63 days for prizes, including games. Competition now lasts until April 15.
Posted Feb 14, 2007 5:51 pm GMT
Newsmaker Q&A
Video Q&A;: Supreme Commander creator Chris Taylor
Gas Powered Games founder and creative force behind Supreme Commander talks to GameSpot's Curt Feldman--almost live, from San Francisco.
Posted Feb 16, 2007 1:01 am GMT
