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.

Take-Two Interactive Q3 2023 earnings infographic

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

  • Take-Two Interactive Q2 2023 earnings infographic
  • Take-Two Interactive Q1 2023 earnings infographic
  • Take-Two Interactive Software Q4 2022 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

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