Categories Analysis, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) Q3 earnings beat Street view; revenue up 5%
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced third-quarter 2022 results Monday after the closing bell, reporting earnings that exceeded expectations.
Third-quarter revenues rose to $903.3 million from $860.9 million in the corresponding period of 2021. Net booking moved up 6% annually to $866.1 million.
However, net income decreased to $144.5 million or $1.24 per share in the December quarter from $182.2 million or $1.57per share a year earlier. Analysts had predicted a slightly weaker bottom-line performance.
Read management/analysts’ comments on Take-Two’s Q3 results
The company’s stock closed Tuesday’s regular trading higher but dropped during the extended session after the earnings announcement. It has gained 9% in the past six months.
Prior Performance
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion