February 9, 2017 / 10:41 PM / 6 months ago

BRIEF-Activision Blizzard posts Q4 adj profit $0.65 per share

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Feb 9 (Reuters) - Activision Blizzard Inc :

* Announces 2-year stock repurchase plan of $1 billion

* Q4 earnings per share $0.33; Q4 non-GAAP (redefined) earnings per share $0.65; Q4 net revenue $2.01 billion versus $1.35 billion

* Board approved repayment of up to $500 million of co's outstanding debt during 2017

* Sees CY 2017 GAAP earnings per share $0.72; sees CY 2017 non-GAAP (redefined) earnings per share $1.70; sees CY 2017 GAAP net revenue $6 billion

* Sees Q1 2017 GAAP earnings per share $0.25; sees Q1 2017 non-GAAP (redefined) earnings per share $0.51; sees Q1 2017 GAAP net revenue $1.55 billion

* Had 447 million monthly active users in the quarter

* 2017 cash dividend increased by 15% to $0.30 per common share Source text for Eikon: Further company coverage:

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