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Stock impact report

3 Key Takeaways From Take-Two's Earnings Call [The Motley Fool]

Take-Two Interactive Software, Inc. (TTWO) 
Last take-two interactive software, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.take2games.com
Company Research Source: The Motley Fool
Take-Two stock saw double-digit selloffs following its latest earnings release, but there was plenty of good news for shareholders. Take-Two Interactive ( NASDAQ:TTWO ) reported second-quarter earnings after market close on Nov. 7, delivering results that topped the average analyst estimate. The average target had called for adjusted earnings per share of $0.93, with actual per-share earnings for the period coming in at $1.05. The table below breaks down sales and earnings for the period compared to the second quarter of 2017. Metric Q2 2018 Q1 2017 Percentage Increase Revenue  $492.7 million $443.6 million 11% Digitally delivered revenue $358.4 million $302.9 million 18% Net bookings $583.1 million $577 million 1% Net income $25.4 million ($2.7 million) N/A Data source: Take-Two Interactive; Table by author.  Shares are down roughly 10% following the second-quarter release, as guidance for per-share ear Show less Read more
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