Categories AlphaGraphs, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) Q4 earnings rise, beat view; revenue up 10%
Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced fourth-quarter results Tuesday after the closing bell, reporting earnings and revenues that exceeded expectations.
Fourth-quarter revenues rose to $839.4 million from $760.5 million in the corresponding period of 2020. Net booking moved up 8% annually to $784.53 million, defying Wall Street’s expectations for a decline.
Consequently, net income increased to $218.8 million or $1.88 per share in the March quarter from $122.2 million or $1.07per share a year earlier. Analysts had predicted a weaker bottom-line performance.
Read management/analysts’ comments on Take-Two’s Q4 results
The company’s stock closed Tuesday’s regular trading lower but gained during the extended session after the earnings announcement. It has gained 21% so far this year.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
