Take-Two Interactive Software Surges After Strong Earnings Report

Take-Two Interactive Software (TTWO) surged in after-hours trading on strong earnings reported Thursday after the market close. Pre-market trading on Friday continued the gains. As of 8:09 am, the stock was at $10.11 per share, a 14.24% over Thursday's close.

Sponsored Links
The company reported net revenue for the quarter of $354.1 million on Thursday, a more than threefold gain from the same quarter a year ago, when it reported net revenue of $94.9 million. Strong sales of its Red Dead Redemption title drove the gains.

Income from continuing operations was $12.4 million or 14 cents per diluted share, the company said in a statement. For the same quarter in fiscal 2009, the company reported a loss from continuing operations of $58.3 million, or 76 cents per share.
Read Full Story


NASDAQ 6,790.71 7.92 0.12%
S&P 500 2,582.14 3.29 0.13%
DJIA 23,430.33 72.09 0.31%
NIKKEI 225 22,416.48 154.72 0.69%
HANG SENG 29,818.07 557.76 1.91%
DAX 13,147.62 88.96 0.68%
USD (per EUR) 1.17 0.00 -0.11%
USD (per CHF) 0.99 0.00 0.10%
JPY (per USD) 112.55 0.00 0.00%
GBP (per USD) 1.33 0.00 0.07%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.