Categories AlphaGraphs, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) Q4 earnings decline, revenue up 11%
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced fourth-quarter 2022 results Monday after the closing bell, reporting an 11% revenue growth.
Fourth-quarter revenues rose to $930.0 million from $839.4 million in the corresponding period of 2021 and came in above analysts’ estimates. Net booking moved up 8% annually to $845.8 million.
However, net income decreased to $110.9 million or $0.95 per share in the March quarter from $218.8 million or $1.88 per share a year earlier. Analysts had predicted better bottom-line performance.
Read management/analysts’ comments on Take-Two’s Q4 results
The company’s stock closed Monday’s regular trading higher and gained further during the extended session after the earnings announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024