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Take-Two Investors Pull Back On Q1 Earnings: Company Updates Guidance With Zynga Acquisition, Highlights 'Strong' Video Game Pipeline
Monday, August 8, 2022 - 4:47pm | 488Video game company Take-Two Interactive Inc (NASDAQ: TTWO) reported first quarter financial results after the market close Monday. Here are the key highlights for investors. What Happened: Take Two reported first-quarter GAAP net revenue of $1.1 billion, up 36% year-over-year. Net bookings were $1...
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Take-Two Q4 Earnings Highlights: Revenue Beat, Strong Digital Sales, Guidance And More
Monday, May 16, 2022 - 4:41pm | 522Take-Two Interactive Software (NASDAQ: TTWO) reported fourth quarter and full fiscal year earnings results. Here are the key highlights for investors. What Happened: The video game company reported fourth-quarter revenue of $930 million, beating a consensus estimate of $882.1 million,...
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Ubisoft Bringing Rabbids To Sandbox, Continuing NFT/Metaverse Push While Other Gaming Companies Back Off
Wednesday, February 9, 2022 - 12:09pm | 929Leading video game company Ubisoft (OTC: UBSFY) is pushing into the metaverse with a new partnership announced with The Sandbox (CRYPTO: SAND). Here's why Ubisoft is pushing into the metaverse and non-fungible tokens, while other gaming companies are taking a wait-and-see approach. What...
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Zynga Acquired By Take-Two: What's Next For The World Of Mobile Gaming
Monday, January 10, 2022 - 10:24am | 1071Mobile game company Zynga (NASDAQ: ZNGA) is being acquired by Take-Two Interactive Software (NASDAQ: TTWO) in a move to combine two gaming companies. Here’s what investors should know and what could be ahead for the gaming sector. What Happened: Take-Two is acquiring Zynga at an enterprise...
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Why Take-Two Interactive Shares Are Sliding Today
Monday, January 10, 2022 - 10:22am | 327Take-Two Interactive Software Inc (NASDAQ: TTWO) is trading lower Monday morning after the company announced it will acquire all of the outstanding shares of Zynga Inc (NASDAQ: ZNGA) in a cash and stock transaction valued at $9.86 per Zynga share, representing a total enterprise...
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Cramer Praises Take-Two's Transparency, Chats With CEO
Tuesday, February 11, 2020 - 4:48pm | 361Take-Two Interactive Software, Inc (NASDAQ: TTWO) reported last week fiscal third-quarter results which included a disappointing outlook. CNBC's Jim Cramer said Monday on "Mad Money" that management deserves credit for being "amazingly transparent" in its performance and...
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Take-Two Interactive Reports Q4 Earnings
Monday, May 13, 2019 - 4:22pm | 293Take-Two Interactive Software (NASDAQ: TTWO) reported its fourth-quarter earnings report after Monday's closing bell. Fourth-quarter GAAP earnings came in at 50 cents per share, which does not compare to the 75-cent estimate. Sales came in at $539.007 million, beating estimates by $32.54...
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Take-Two Interactive CEO Talks International Market, Regulatory Scrutiny
Thursday, November 29, 2018 - 3:18pm | 421Video game companies looking to capture more share of gamers' time must put forth nothing short of the "very best," Take-Two Interactive Software, Inc (NASDAQ: TTWO) CEO Strauss Zelnick told CNBC in a Thursday interview. What Happened Take-Two's strategy to win market share...
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What The 'Red Dead Redemption 2' Delay Means For Take-Two Investors
Tuesday, May 23, 2017 - 4:06pm | 781“A delayed game is eventually good, but a rushed game is forever bad,” Shigeru Miyamoto, co-representative director of Nintendo Co., Ltd (ADR) (OTC: NTDOY) once said when he delayed the launch of the Nintendo 64. It may be disappointing, but the "Red Dead Redemption 2" delay is nothing...
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Take-Two Interactive CEO: 'Our Relationship With NBA Strikes A Sound Balance'
Wednesday, February 18, 2015 - 6:21pm | 440Take-Two Interactive Software, Inc. (NASDAQ: TTWO) came out with impressive fourth-quarter earnings February 3 on back of increased sales of NBA 2k15 and the Grand Theft Auto series. Strauss Zelnick, chairman & CEO of Take-Two Interactive, was recently on CNBC to talk about gamers'...
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LinkedIn & Facebook At Loggerheads In The Social Workspace
Tuesday, November 18, 2014 - 5:04pm | 375LinkedIn Corp (NYSE: LNKD) and Facebook Inc (NASDAQ: FB) are soon going to be at loggerheads in the social platform space. While LinkedIn is an established social platform for the workplace, Facebook is rumored to be testing a similar product. Strauss Zelnick, chairman and CEO of Take-Two...
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PlayStation 4, Xbox One Dominance To Be Challenged In 3-4 Years
Friday, December 6, 2013 - 10:25am | 1296Sony (NYSE: SNE) and Microsoft's (NASDAQ: MSFT) new consoles will continue to be in high demand, but their dominance could be challenged in a few years. According to DigiTimes, the upstream supply chain expects to see "strong orders" for Xbox One and PlayStation 4 components during the first...
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Take-Two Jumps 5% After Earnings Beat, 29 Million 'Grand Theft Auto V' Units Sold
Tuesday, October 29, 2013 - 4:46pm | 437Shares of Take-Two Interactive (NASDAQ: TTWO) are up more than five percent after the company announced its second-quarter results. The company reported a second-quarter EPS of $2.49 versus the Wall Street estimate of $1.64. Earnings per share were up 2.16 percent from the year-ago period....
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Take-Two Interactive Beats Estimates and Lifts Outlook (TTWO)
Tuesday, July 30, 2013 - 6:16pm | 441Video game publisher Take-Two Interactive (NASDAQ: TTWO) released its fiscal first-quarter earnings results after the closing bell on Tuesday. The company's adjusted earnings per share and revenue easily topped analysts' consensus estimates. Take-Two also lifted its outlook for the fiscal year....
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Take-Two Interactive at Risk for Another SEC Investigation?
Tuesday, August 9, 2011 - 1:41pm | 608Yesterday was not a great day for the company. Tomorrow might not be any better. While shares of Take-Two Interactive (NASDAQ: TTWO) are moving upward today, the company was among the many corporations that nearly lost their lunch on Monday. Granted, Take-Two's downfall can be partially attributed...