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Take-Two Interactive Software Fiscal Q2 Loss Narrows, Revenue Increases
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Take-Two Interactive Software Fiscal Q2 Loss Narrows, Revenue Increases
Nov 9, 2024 11:44 AM

05:20 PM EST, 11/06/2024 (MT Newswires) -- Take-Two Interactive Software ( TTWO ) reported a fiscal Q2 loss late Wednesday of $2.08 per diluted share, narrower than a loss of $3.20 a year earlier.

Analysts polled by Capital IQ expected a per-share loss of $2.11.

Net revenue for the quarter ended Sept. 30 was $1.35 billion, up from $1.30 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.42 billion.

The company said it expects a fiscal Q3 net loss per share between $1.15 and $1.01 and net revenue between $1.36 billion and $1.41 billion.

Analysts polled by Capital IQ expect a loss of $0.41 per share and revenue of $1.44 billion.

The company expects a fiscal 2025 net loss per share between $4.80 and $4.43 and net revenue between $5.57 billion and $5.67 billion.

The previous guidance was of net loss per share between $4.33 and $3.95 and net revenue between $5.57 billion and $5.67 billion.

Analysts surveyed by Capital IQ expect a loss of $3.80 per share and revenue of $5.63 billion.

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