Take-Two: Q4 beats consensus

(CercleFinance.com) - On Wednesday evening Take-Two Interactive reported net income that more than doubled (+116%) to 122.
7 million dollars for its Q4 2019-20. At 1.07 dollar per share, EPS is nearly 20 cents higher than the consensus.

The video game publisher - operating, for example, the Grand Theft Auto and Red Dead franchises - saw its revenues increase by 41% to 760.5 million dollars, with a 54% increase in revenues by digital means (83% of total revenues).

Full-year EPS rose by 21% to 3.54 dollars for revenues that are up 16% at 3.09 billion dollars, Take-Two expects respective target ranges of 2.60-2.85 dollars and 2.63 billion-2.73 billion dollars for 2020-21.


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