Take-Two Interactive Software Q3 Total Net Bookings $1.34B, Down 3% YoY; GAAP Net Revenue $1.37B, Down 3%; GAAP EPS $(0.54)
Portfolio Pulse from Benzinga Newsdesk
Take-Two Interactive Software reported a 3% year-over-year decrease in both total net bookings and GAAP net revenue for Q3, with figures at $1.34B and $1.37B, respectively. The company also reported a GAAP EPS of $(0.54).
February 08, 2024 | 9:06 pm
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Take-Two Interactive Software's Q3 earnings report showed a decrease in total net bookings and GAAP net revenue by 3%, and a GAAP EPS of $(0.54).
The reported decrease in both total net bookings and GAAP net revenue, along with a negative GAAP EPS, could lead to negative investor sentiment in the short term. These metrics are crucial indicators of the company's financial health and performance, and a decline in these areas often results in a decrease in stock price as investors may reassess the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100