Take-Two: raises annual targets
(CercleFinance.com) - As it unveiled its quarterly results, video game publisher Take-Two Interactive said that it is raising its FY 2019-20 targets, now looking for EPS of between 3.
71 dollars and 3.96 dollars, with net revenue of between 2.83 billion and 2.93 billion dollars.
Over its first fiscal quarter, the group saw its EPS fall by one third to 41 cents, while the market wasexpecting EPS that was ten times lower, while its net revenues rose by 39% to 540.5 million dollars.
"The largest contributors... were NBA 2K19, Grand Theft Auto Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, the Borderlandsfranchise," said company chairman and CEO Strauss Zelnick.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
71 dollars and 3.96 dollars, with net revenue of between 2.83 billion and 2.93 billion dollars.
Over its first fiscal quarter, the group saw its EPS fall by one third to 41 cents, while the market wasexpecting EPS that was ten times lower, while its net revenues rose by 39% to 540.5 million dollars.
"The largest contributors... were NBA 2K19, Grand Theft Auto Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, the Borderlandsfranchise," said company chairman and CEO Strauss Zelnick.
Copyright (c) 2019 CercleFinance.com. All rights reserved.