Gaming Heavyweight Take-Two Impacted by Zynga Acquisition, Bearish FY23 guidance

Video game publisher Take-Two Interactive Software reported announced first-quarter 2023 results Monday after the closing bell, reporting a 36% revenue growth. TTWO missed by $1.61, missed on revenues. The gaming giant guided Q2 EPS and revenues below consensus; guided FY23 EPS and revenue below consensus. The Zynga acquisition impacted earnings and guidance, with nearly $117 million in business acquisition costs driving the bottom line into the red. TAKE-TWO INTERACTIVE SOFTWARE, INC – NASDAQ: TTWO Earnings Take Two First-quarter revenues rose … Continue reading “Gaming Heavyweight Take-Two Impacted by Zynga Acquisition, Bearish FY23 guidance”

NVidia $NVDA Earnings Glow With Machine Learning, AI, Bitcoin & Gaming Graphics

High-performance graphics chip pioneer NVidia reported much better than expected fiscal Q3 earnings after the market close on Thursday. $NVDA has the pulse on hot technology product lines include, data centers, artificial intelligence, digital currencies, machine learning and self-driving cars.