Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced its third-quarter results Monday after the closing bell, reporting earnings and revenues that exceeded expectations.
Third-quarter revenues dropped to $860.9 million from $930.1 million in the corresponding period of 2020 but came in above Wall Street’s projection.
However, net income increased to $182.2 million or $1.57 per share in the third quarter from $163.6 million or $1.43 per share a year earlier, aided by a decline in costs. Analysts had predicted a weaker bottom-line performance.
The company’s stock closed Monday’s regular trading higher but reversed the trend during the extended session and lost about 4%.
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up