Categories AlphaGraphs, Earnings, Leisure & Entertainment

Earnings: Take-Two Interactive (TTWO) slips to a loss in Q2; revenue up 63%

Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced second-quarter 2023 results Monday after the closing bell, reporting strong revenue growth.

Take-Two Interactive Q2 2023 earnings infographic

Second-quarter revenues rose 63% annually to $1.40 billion from $858.2 million in the corresponding period of 2022 but fell short of analysts’ estimates. Net bookings moved up 53% to around $1.5 billion.

Meanwhile, the company incurred a loss of $257 million or $1.54 per share in the September quarter, compared to a profit of $10.2 million or $0.09 per share in the prior-year quarter. Analysts had predicted net income for the latest quarter.


Check this space to read management/analysts’ comments on Take-Two’s Q2 2023 results


The company’s stock closed Monday’s regular trading lower and continued to lose the extended session after the earnings announcement.

Prior Performance

  • Take-Two Interactive Q1 2023 earnings infographic
  • Take-Two Interactive Software Q4 2022 earnings infographic
  • Take-Two reports Q1 2022 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

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