Categories Earnings, Leisure & Entertainment

A visual dashboard of Take-Two Interactive Software (TTWO) Q4 2020 earnings results

Take-Two Interactive Software’s (NASDAQ: TTWO) income more than doubled in the fourth quarter of 2020 compared to the prior-year quarter. Earnings on a GAAP basis, stood at $1.07 per share compared to $0.50 per share in Q4 2019. Revenue grew 41% to $760.5 million. Net bookings increased by 49% to $729.4 million. TTWO stock rose about 4% immediately after the earnings announcement and later turned into the negative territory.

Take-Two Interactive Software (TTWO) Q4 2020 earnings infograph

For fiscal 2021, Take-Two Interactive Software expects GAAP EPS to be between $2.60 and $2.85 and GAAP revenue to be in the range of $2.63 billion to $2.73 billion. Net bookings are expected to range from $2.55 billion to $2.65 billion.

For the first quarter of 2021, the gaming firm expects GAAP EPS to be between $0.90 and $1.00 and GAAP revenue to be in the range of $775 million to $825 million. Net bookings are expected to range from $800 million to $850 million.

TTWO stock, which surged to a new 52-week high ($149.28) today, had gained 20% since the beginning of this year.

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top