Activision Q2 profit rose 53%

Activision Blizzard, the biggest US video game publisher, raised its earnings outlook for the year and said its second quarter profit rose 53 percent — beating Wall Street estimates — as more gamers bought content over the Internet for its biggest franchise, “Call of Duty.”

Activision shares rose about 4 percent after-hours.

The Santa Monica, Calif., company yesterday raised its earnings forecast for the year to 77 cents per share, topping Wall Street’s average estimate of 75 cents, according to Thomson Reuters I/B/E/S.