Take-Two Interactive Software (TTWO) Tops Q3 EPS by 39c; Raises Outlook

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

February 3, 2016 4:05 PM EST

Non-GAAP Net Revenue was $486.8 Million

Non-GAAP Net Income was $0.89 Per Diluted Share

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 third quarter 2016, ended December 31, 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 fourth quarter 2016, ending March 31, 2016.

GAAP Financial Results

For fiscal third quarter 2016, GAAP net revenue... More