​Activision Blizzard, owner of popular game Overwatch, made $1.97 billion in revenue in the first quarter of 2018, with $500 million being net income, according to the company's ​quarterly earnings call. The company has invested heavily in Overwatch and the Overwatch League, and the call revealed that ​the Overwatch Retribution event was the most popular in the game's history.

UPDATE: Wall Street Journal parent company Dow Jones statement to CNBC on Activision earnings report—



"We regret our error as well as inadvertently breaking the embargo. We have issued a correction and are reviewing our processes."https://t.co/2iOtidWi1w — CNBC Now (@CNBCnow) May 3, 2018

​​​This is still the first season of Overwatch League, so there is still plenty of room for growth. The league signed a ​two-year, $90 million deal with Twitch. The league looks like it's only going to grow, with ​Blizzard trying to find more European teams.





"As we look ahead, our innovative core gaming pipeline, as well as initiatives like mobile, esports, and advertising, will continue to drive growth for our business," said Bobby Kotick, CEO of Activision, in a news release.





The call took place after ​an odd instance in which Dow Jones inadvertently leaked information from the earnings call and gave incorrect information that was lower than Activision Blizzard's actual revenue.





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Photos courtesy of Blizzard