Take-Two Interactive (TTWO) Misses Q1 EPS by 8c; Issues Light Q2 Outlook

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Take-Two Interactive (NASDAQ: TTWO) reported Q1 EPS of $0.02, $0.08 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $334.4 million versus the consensus estimate of $361.21 million.

Sees Q2 2012 EPS of $-0.55-$-0.65, versus the consensus of $-0.05. Take-Two Interactive sees Q2 2012 revenue of $70-$85 million, versus the consensus of $203 million.

Take-Two Interactive sees FY2012 EPS of $0.10-$0.35, versus the consensus of $0.38. Take-Two Interactive sees FY2012 revenue of $1.0-$1.1 billion, versus the consensus of $1.1 billion.

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