Take Two Stock Bounces on Developemnt Pipeline Including Grand Theft Auto VI.

Take Two Interactive Software stock took a tumble after it announced disappointing earnings, missing EPS by $0.07 and missing on top line after the close Monday. TTWO also guided FY23 EPS and net bookings below consensus. However, from bring down at a low of $106.31 the stock soared to a high of $115.21 and closed up just under 8%. The bounce came from a look past the earnings picture towards the future “highlighted a FY2023-’25 line-up that features 87 games, … Continue reading “Take Two Stock Bounces on Developemnt Pipeline Including Grand Theft Auto VI.”

Take Two Stock Falls 15% After Cuts Guidance as it Digests Zynga Merger

Take Two Interactive Software stock took a tumble after it announced disappointing second-quarter 2023 results Monday after the closing bell. $TTWO traded at $90.55▼ 17.85 or 16.47% after hours at a new 52 week low. TTWO incurred a loss of $257 million or $1.54 per share in the September quarter, compared to a profit of $10.2 million or $0.09 per share in the prior-year quarter. Clearly the lofty premium the gaming company paid for Zynga is still impacting. The two companies merged … Continue reading “Take Two Stock Falls 15% After Cuts Guidance as it Digests Zynga Merger”

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”

Grand Theft Auto Publisher Take Two Interactive Again Reported Stronger Earnings

Video game publisher Take-Two Interactive Software reported better than expected earnings Tuesday. NBA 2K21 and NBA 2K20, Grand Theft Auto Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, Social Point’s mobile games, Sid Meier’s Civilization VI, Borderlands 3, and NBA Online boosted $TTWO.

TakeTwo Interactive Raises Guidance on Grand Theft Auto, NBA 2K20 and Red Dead Redemption 2 Games

Video game publisher Take-Two Interactive Software raised guidance despite lower than expected earnings Monday. NBA® 2K20, Grand Theft Auto® Online, Grand Theft Auto V, Red Dead Redemption 2 , Red Dead Online, Sid Meier’s Civilization® VI and Social Point’s mobile games helped $TTWO raise guidance.

TakeTwo Earnings Boosted By Increase in Lockdown Gamers, Grand Theft Auto and NBA 2K20

Video game publisher Take-Two Interactive Software reported better than expected earnings Tuesday. $TTWO names NBA® 2K20 and NBA 2K19, Grand Theft Auto® Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, Borderlands 3, Sid Meier’s Civilization® VI, Social Point’s mobile games, and WWE® SuperCard and WWE 2K20 helped raise guidance..

Gaming Heavyweight Take-Two Crushes Earnings But Says Holiday Looks Thin

Video game publisher Take-Two Interactive Software reported better than expected fiscal second quarter earnings. $TTWO names Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19  helped raise guidance but worries about the holiday season.

Strong Red Dead Redemption and Grand Theft Auto Revenue Boosts Take Two Interactive

Video game publisher Take-Two Interactive Software reported better than expected fiscal first quarter earnings. $TTWO stock jumped almost 8% on the news, driven primarily by Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19.

Take Two Interactive Earnings Driven by Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19

Video game publisher Take-Two Interactive Software reported mixed results for its fiscal fourth quarter with a soft outlook for fiscal year. $TTWO was driven primarily by Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19.

Take Two Interactive Crushes Earnings and Guides Higher on Grand Theft Auto

Take-Two Interactive Software beat September earnings and raised guidance targets sending the video game publisher and distributor shares higher. $TTWO was driven primarily by Grand Theft Auto V,  Grand Theft Auto Online and the successful launch of NBA 2K19.