Categories AlphaGraphs, Earnings, Leisure & Entertainment

Infographic: How Take-Two Interactive Software (TTWO) performed in Q1 2022

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported first quarter 2022 earnings results today.

Net revenue decreased 2% year-over-year to $813.3 million.

GAAP net income increased 72% to $152.3 million, or $1.30 per share, compared to the year-ago quarter.   

Net bookings declined 29% to $711.4 million.

Net revenue is expected to range between $740-790 million for the second quarter of 2022 and $3.14-3.24 billion for the full year of 2022.  

While revenue and earnings beat market estimates, the outlook failed to impress and the stock dropped over 3% during aftermarket hours.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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