Categories Analysis, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) Q3 earnings beat Street view; revenue up 5%
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced third-quarter 2022 results Monday after the closing bell, reporting earnings that exceeded expectations.
Third-quarter revenues rose to $903.3 million from $860.9 million in the corresponding period of 2021. Net booking moved up 6% annually to $866.1 million.
However, net income decreased to $144.5 million or $1.24 per share in the December quarter from $182.2 million or $1.57per share a year earlier. Analysts had predicted a slightly weaker bottom-line performance.
Read management/analysts’ comments on Take-Two’s Q3 results
The company’s stock closed Tuesday’s regular trading higher but dropped during the extended session after the earnings announcement. It has gained 9% in the past six months.
Prior Performance
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and