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

Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02

Applied Materials (AMAT) Earnings: 2Q24 Key Numbers

Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS

What to expect when Macy’s (M) reports its Q1 2024 earnings results

Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024

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