Note: EPS may not be comparable

Take-Two Interactive Software (NASDAQ: TTWO) reported Q3 EPS of $0.21, versus $0.98 reported last year. Revenue for the quarter came in at $480.8 million, versus $663.83 million reported last year.

• GAAP net revenue was $480.8 million
• GAAP net income was $0.21 per diluted share
• Net cash provided by operating activities was $203.0 million
• Net Bookings were $653.9 million
• Company deployed $110.1 million to repurchase 1.06 million shares of common stock

Financial Outlook for Fiscal 2018

Take-Two is providing its initial financial outlook for its fiscal fourth quarter ending March 31, 2018, and updating its financial outlook for its fiscal year ending March 31, 2018, as follows:

Fourth Quarter Ending March 31, 2018

• GAAP net revenue is expected to range from $460 to $510 million
• GAAP net income is expected to range from $87 to $99 million
• GAAP diluted net income per share is expected to range from $0.73 to $0.83
• Share count used to calculate GAAP diluted net income per share is expected to be 118.8 million (1)
• Net Bookings (operational metric) are expected to range from $410 to $460 million

GUIDANCE:

Take-Two Interactive Software sees Q4 2018 EPS of $0.73-$0.83, versus the consensus of $0.59. Take-Two Interactive Software sees Q4 2018 revenue of $460-510 million, versus the consensus of $442.08 million.

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