Categories AlphaGraphs, Earnings, Leisure & Entertainment
Earnings: Take-Two Interactive (TTWO) slips to loss in Q3 despite higher revenues
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced third-quarter 2023 results Monday after the closing bell, reporting a net loss and strong revenue growth.
Third-quarter revenues rose 56% annually to $1.41 billion from $903.3 million in the corresponding period of 2022. Net bookings moved up 60% to around $1.38 billion.
Meanwhile, the company incurred a loss of $153.4 million or $0.91 per share in the December quarter, compared to a profit of $144.6 million or $1.24 per share in the prior-year quarter.
Check this space to read management/analysts’ comments on Take-Two’s Q3 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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
