Take-Two Interactive Software Inc (TTWO) revealed Loss for its first quarter that increased from the same period last year and missed the Street estimates.
The company's earnings came in at -$262 million, or -$1.52 per share. This compares with -$206 million, or -$1.22 per share, in last year's first quarter.
Analysts on average had expected the company to earn -$0.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.2% to $1.338 billion from $1.284 billion last year.
Take-Two Interactive Software Inc earnings at a glance (GAAP) :
-Earnings (Q1): -$262 Mln. vs. -$206 Mln. last year.-EPS (Q1): -$1.52 vs. -$1.22 last year.-Revenue (Q1): $1.338 Bln vs. $1.284 Bln last year.
-Guidance:Next quarter EPS guidance: -$2.30 to -$2.15Next quarter revenue guidance: $1.29-$1.34 BlnFull year EPS guidance: -$4.33 to -$3.95Full year revenue guidance: $5.57-$5.67 Bln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.