Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported second quarter 2024 earnings results today.
Net revenue decreased 7% year-over-year to $1.30 billion.
GAAP net loss was $543.6 million, or $3.20 per share, compared to $257 million, or $1.54 per share, last year.
Both revenue and earnings missed estimates.
Net Bookings decreased 4% to $1.44 billion.
For the third quarter of 2024, the company expects net revenue of $1.29-1.34 billion and net loss of $0.63-0.73 per share.
The stock was up over 5% in aftermarket hours on Wednesday.
The post TTWO Earnings: Key quarterly highlights from Take-Two Interactive’s Q2 2024 financial results first appeared on AlphaStreet.
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]