Take-Two Interactive Software (TTWO) Tops Q3 EPS by 3c, Offers Guidance

Take-Two Interactive Software (NASDAQ: TTWO) reported Q3 EPS of $0.99, $0.03 better than the analyst estimate of $0.96. Revenue for the quarter came in at $744.8 million versus the consensus estimate of $705.61 million. Net revenue was $476.5 million.

GUIDANCE:

Fourth Quarter Ending March 31, 2017

• GAAP net revenue is expected to range from $542 to $592 million
• GAAP net income is expected to range from $139 to $148 million
• GAAP diluted net income per share is expected to range from $1.23 to $1.31

(Ma not compare to the consensus for EPS of $0.38 on revenue of $308 million.)

Fiscal Year Ending March 31, 2017

• GAAP net revenue is expected to range from $1.75 to $1.80 billion
• GAAP net income is expected to range from $108 to $117 million
• GAAP diluted net income per share is expected to range from $1.15 to $1.25

(May not compare to the the consensus for EPS of $1.76 on revenue of $1.76 billion.)

For earnings history and earnings-related data on Take-Two Interactive Software (TTWO) click here.

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