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.
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
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Docusign (DOCU) Earnings: 4Q25 Key Numbers
Docusign, Inc. (NASDAQ: DOCU) reported total revenue of $776.3 million for the fourth quarter of 2025, up 9% year-over-year. Net income was $83.5 million, or $0.39 per share, compared to
DG Q4 Call Highlights: Consumer Shifts, Inventory Wins, and Rural Delivery Boom!
Dollar General Corp., a retailer that operates discount stores, in its Q4 earnings call discussed Dollar General's financial strategy to reach 6-7% operating margins by 2028 through shrink reduction, inventory
ULTA Earnings: Highlights of Ulta Beauty’s Q4 2024 results
Ulta Beauty, Inc. (NASDAQ: ULTA), a leading retailer of cosmetics and personal care products, on Thursday reported a decrease in net sales for the fourth quarter of 2024. Fourth-quarter net
