Categories AlphaGraphs, Earnings, Leisure & Entertainment
Take-Two Interactive (TTWO) reports Q1 2024 results. Here’s all you need to know
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) on Tuesday announced results for the first quarter of 2024, reporting an increase in revenues.
June-quarter revenues rose 17% annually to $1.28 billion. Net bookings increased to $1.2 billion in Q1 from $1.0 billion in the corresponding period of last year.
The company reported a net loss of $206.0 million or $1.22 per share for the first three months of 2024, compared to a loss of $104.0 million or $0.76 per share last year. EBITDA was $64.5 million, vs. $52.2 million in the first quarter of 2023.
“We had a strong start to the fiscal year and achieved Net Bookings of $1.2 billion, which was at the high end of our expectations. Our performance was led by our catalog of iconic, industry-leading intellectual properties, which continues to resonate with our player communities worldwide,” said Strauss Zelnick, chief executive officer of Take-Two Interactive.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
