'NBA 2K', 'Grand Theft Auto V' help Take-Two surge past estimates

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Take-Two Interactive Software (TTWO) Tops Q1 EPS by 39c, Revenues Beat; Offers Q2 & FY19 EPS/Revenue Outlook

August 5, 2019 4:14 PM EDT

Take-Two Interactive Software (NASDAQ: TTWO) reported Q1 EPS of $0.41, $0.39 better than the analyst estimate of $0.02. Revenue for the quarter came in at $540.5 million versus the consensus estimate of $363.79 million.

Fiscal 2020 is off to a terrific start with first quarter operating results that beat our expectations, said Strauss Zelnick, Chairman and CEO of Take-Two. We delivered significant Net Bookings and cash flow growth driven by the... More