Take-Two Interactive Fiscal Q3 Loss Widens, Revenue Down; Q4 Guidance Issued -- Shares Up After Hours

MT Newswires Live
02-07

Take-Two Interactive Software (TTWO) reported a fiscal Q3 diluted loss late Thursday of $0.71 per share, widening from a loss of $0.54 a year earlier.

Analysts polled by FactSet expected a loss of $0.95.

Revenue for the quarter ended Dec. 31 was $1.36 billion, down from $1.37 billion a year earlier.

Analysts surveyed by FactSet expected $1.39 billion.

The company said its fiscal Q4 earnings could range from a loss of $0.20 per share to an income of $0.13 per share on revenue of $1.52 billion to $1.62 billion.

Analysts surveyed by FactSet expect earnings of $0.02 on revenue of $1.54 billion.

Shares jumped more than 7% in after-hours activity.

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