Take-Two Earnings, Revenue beat In Q1

  • Investing.com
  • Stock Market News
Take-Two Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - Take-Two (NASDAQ: TTWO ) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Take-Two announced earnings per share of $1.3 on revenue of $711.4M. Analysts polled by Investing.com anticipated EPS of $0.8968 on revenue of $685.59M.

Take-Two shares are down 16.54% from the beginning of the year and are trading at $167.89 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.8% from the start of the year.

Take-Two shares lost 3.19% in after-hours trade the report.

Take-Two follows other major Communication Services sector earnings this month

Take-Two's report follows an earnings beat by Alphabet C on Tuesday, July 27, 2021, who reported EPS of $27.26 on revenue of $61.88B, compared to forecasts EPS of $19.33 on revenue of $56.19B.

Facebook had beat expectations on Wednesday with second quarter EPS of $3.61 on revenue of $29.08B, compared to forecast for EPS of $3.04 on revenue of $27.85B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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