Mizuho Securities Raises Price Target on Take-Two Interactive Software (TTWO) Following 1Q16

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Go back to Mizuho Securities Raises Price Target on Take-Two Interactive Software (TTWO) Following 1Q16

Take-Two Interactive Software, Inc. Reports Strong Results for Fiscal First Quarter 2016

August 10, 2015 4:05 PM EDT

Non-GAAP Net Revenue Grew 142% to $366.4 Million

Non-GAAP Net Revenue from Digitally-Delivered Content Grew 139% to $254.0 Million

Non-GAAP Net Income Increased to $0.31 Per Diluted Share

NEW YORK--(BUSINESS WIRE)-- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today reported strong financial results for fiscal first quarter 2016, ended June 30, 2015. In addition, the Company reiterated its financial outlook for the fiscal year ending March 31, 2016, and provided its initial financial outlook for the fiscal second quarter 2016, ending September 30, 2015.

GAAP Financial Results

For fiscal... More