News
Public · Published
Take-Two Interactive Software, Inc. reports results for the quarter ended September 30 - Earnings Summary
Take-Two reported adjusted earnings of $1.00 per share for the quarter ended September 30, down from $1.47 a year earlier and above analysts' 94-cent average expectation. Revenue fell 18.3% to $1.60 billion, while the company reported a 29-cent-per-share loss and a $54 million quarterly loss.
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What happened
Take-Two reported adjusted earnings of $1.00 per share for the quarter ended September 30, down from $1.47 a year earlier and above analysts’ 94-cent average expectation. Revenue fell 18.3% to $1.60 billion, while the company reported a 29-cent-per-share loss and a $54 million quarterly loss.
Confirmed
Global impact / market context
Earnings above expectations may support confidence in Take-Two’s ability to generate profit, but the year-over-year revenue decline and reported loss point to weaker business performance. If that weakness persists, it could constrain cash available for development and promotion, potentially affecting future releases and revenue.
Analyst inference
Analysts’ average rating was “buy,” and their median 12-month price target was $285, compared with a last closing price of $214.87. Those figures indicate optimistic analyst positioning, but they are forecasts rather than guaranteed returns and sit alongside declining revenue and earnings estimates.
Confirmed
What to watch
- Compare upcoming revenue and adjusted earnings with the prior year and analyst expectations; continued declines could indicate pressure on sales and the funds available for game development. Analyst inference
- Watch whether analysts continue revising earnings estimates downward, since lower forecasts could weaken support for the shares even while the consensus rating remains “buy.” Analyst inference
- Track whether the company reports a quarterly profit or loss in its next results; the latest reported loss was $54 million, alongside a 29-cent-per-share loss. Confirmed
Evidence
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