Guitar Hero Sends ATVI Racing

Activision (ATVI) reported astounding results last week. I won't be exaggerating when I say it basically smashed, crushed, squished, and totally stomped over on the consensus estimates; apparently everyone on Earth is now playing Guitar Hero.

Non-GAAP EPS in the quarter was 17 cents a share, more than triple the consensus of five cents.

And it gets better. The company has also raised its 2008 and 2009 forecast ahead of consensus.

Here was the previous post on ATVI.