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Stock impact report

Why Take-Two Interactive Stock Crushed it on Thursday [Yahoo! Finance]

Take-Two Interactive Software, Inc. (TTWO) 
Last take-two interactive software, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.take2games.com
Company Research Source: Yahoo! Finance
On Thursday, the video game maker's stock was quite the outperformer, leaping almost 8% higher in price. That was a far better performance than that of the S&P 500 index; this crept upwards at a 0.7% pace. That news was Take-Two's latest earnings, which featured beats in two of its key line items. The company reported that net revenue in its fiscal second quarter of 2025 amounted to $1.35 billion, an improvement of 4% on a year-over-year basis. That was on the back of a 2% increase in net bookings (i.e., sales concluded but not necessarily realized) to $1.47 billion. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » According to generally accepted accounting principles ( GAAP ) standards, net loss was just over $365 million ($2.08 per share) in the quarter. That bettered the nearly $544 million deficit in the second quarter of fiscal 2024. The consensus analyst estimate for net bookings was $1.43 billion. However, progn Show less Read more
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