Categories AlphaGraphs, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) Q4 earnings rise, beat view; revenue up 10%
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced fourth-quarter results Tuesday after the closing bell, reporting earnings and revenues that exceeded expectations.
Fourth-quarter revenues rose to $839.4 million from $760.5 million in the corresponding period of 2020. Net booking moved up 8% annually to $784.53 million, defying Wall Street’s expectations for a decline.
Consequently, net income increased to $218.8 million or $1.88 per share in the March quarter from $122.2 million or $1.07per share a year earlier. Analysts had predicted a weaker bottom-line performance.
Read management/analysts’ comments on Take-Two’s Q4 results
The company’s stock closed Tuesday’s regular trading lower but gained during the extended session after the earnings announcement. It has gained 21% so far this year.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
