Take-Two Interactive Q1 Net Bookings $1.22B, Up 1%; GAAP Net Revenue $1.34B, GAAP EPS $(1.52)
Portfolio Pulse from Benzinga Newsdesk
Take-Two Interactive reported Q1 net bookings of $1.22 billion, a 1% increase year-over-year. GAAP net revenue was $1.34 billion, and GAAP EPS was $(1.52).
August 08, 2024 | 8:06 pm
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Take-Two Interactive's Q1 net bookings increased by 1% to $1.22 billion, while GAAP net revenue was $1.34 billion. However, the company reported a GAAP EPS of $(1.52), indicating a loss.
The increase in net bookings and revenue is positive, but the GAAP EPS loss may concern investors. The mixed results could lead to neutral short-term price movement.
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