Take-Two Interactive Q1 2023 earnings infographic


Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced first-quarter 2023 results Monday after the closing bell, reporting a 36% revenue growth.

First-quarter revenues rose 36% annually to $1.1 billion from $813.3 million in the corresponding period of 2022 and came in slightly above analysts’ estimates. Net bookings moved up 41% annually to around $1 billion.

Meanwhile, the company incurred a loss of $104.0 million or $0.76 per share for the June quarter, compared to a profit of $152.3 million or $1.30 per share in the prior-year quarter.

Check this space to read management/analysts’ comments on Take-Two’s Q1 2023 results

The company’s stock closed Monday’s regular trading lower and lost further during the extended session after the earnings announcement.

Prior Performance


Image and article originally from news.alphastreet.com. Read the original article here.