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Take-Two Earnings, Revenue Miss in Q3

Take-Two Earnings, Revenue Miss in Q3

Investing.com - Take-Two (NASDAQ:TTWO) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Take-Two announced earnings per share of $1.43 on revenue of $888.2M. Analysts polled by Investing.com anticipated EPS of $1.73 on revenue of $921.12M. That with comparison to EPS of $2.9 on revenue of $1.57B in the same period a year before. Take-Two had reported EPS of $1.93 on revenue of $950.52M in the previous quarter. Analysts are expecting EPS of $0.92 and revenue of $559.37M in the upcoming quarter.

Take-Two shares are up 4.33% from the beginning of the year , still down 5.87% from its 52 week high of $135.70 set on August 21, 2019. They are under-performing the Nasdaq 100 which is up 7.31% year to date.


Take-Two follows other major Technology sector earnings this month

Take-Two's report follows an earnings beat by Apple on January 28, who reported EPS of $4.99 on revenue of $91.82B, compared to forecasts EPS of $4.54 on revenue of $88.51B.

Microsoft had beat expectations on January 29 with second quarter EPS of $1.51 on revenue of $36.91B, compared to forecast for EPS of $1.05 on revenue of $32,512M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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