Take-Two (TTWO) Misses Street's Q4 Views; Guides Q1, FY09 Well Below the Street
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Take-Two Interactive Software (Nasdaq: TTWO) reports Q4 non-GAAP EPS of $0.02, 3 cents lower than the analyst estimate of $0.05. Revenue for the quarter was $323.4 million, versus the consensus of $325.77 million.
Sees Q1 sales of $175-$225 million and a non-GAAP loss of $0.70-$0.85. The Street is currently expecting Q1 sales of $317.62 million and EPS of $0.22. For FY09, Take-Two sees sales of $1.1-$1.25 billion, versus the consensus of $1.39 billion, and non-GAAP EPS of $0.00-$0.20, versus the Street estimate of $1.26.
Take-Two Interactive Software, Inc. engages in the development, publication, and distribution of interactive software games designed for personal computers, video game consoles, and handheld platforms worldwide.
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