Take-Two Interactive Software (TTWO) Tops Q2 EPS by 15c; Issues Solid Outlook

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Take-Two Interactive Software, Inc. Reports Stronger-Than-Expected Results for Fiscal Second Quarter 2016

November 5, 2015 4:07 PM EST

Non-GAAP Net Revenue Grew 169% to $364.9 Million

Non-GAAP Net Income Increased to $0.30 Per Diluted Share

Company Repurchased Nearly 1 Million Shares for $26.6 Million

Raises Financial Outlook for Fiscal 2016

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

GAAP Financial... More