TTWO / Take-Two (TTWO) Q1 Earnings Lag Estimates, Revenues Up Y/Y

Take-Two Interactive Software Inc (NASDAQ:TTWO)'s second quarter fiscal 2024 financial results are expected to be largely in-line with the video game more_horizontal

Raymond James analyst Andrew Marok upgraded shares of videogame maker Take-Two to Outperform from Market Perform, and set a $170 target price. more_horizontal

Take-Two Interactive Software's recent results fell slightly short of expectations, but its bookings were above its own guidance. TTWO's strong lineup more_horizontal

Take-Two Interactive has a strong position in the video game industry. The company is poised for explosive growth over the next couple of years and be more_horizontal

Share prices are up 36% in 2023 as Wall Street looks ahead to major releases over the next few years. Management's two-year financial guidance implies more_horizontal

TTWO has an unprecedented opportunity with GTA 6. TTWO is also developing a robust pipeline that extends for several years. While TTWO is very well-po more_horizontal

Take-Two Interactive Software has “tremendous earnings power” following the release of its second-quarter results, according to analysts at Wedbus more_horizontal

Take-Two's (TTWO) first-quarter fiscal 2024 results benefit from robust portfolio strength, driving Game and Advertising revenues. more_horizontal