earnings
confidence high
sentiment negative
materiality 0.80
Take-Two Q3 FY2023: Revenue up 56% to $1.41B but net loss of $153.4M; FY Net Bookings guidance raised
TAKE TWO INTERACTIVE SOFTWARE INC
2023-Q3 EPS reported
-$3.27
revenue$3,903,700,000
- GAAP net revenue increased 56% to $1.41B, with 95% from digital and79% from recurrent consumer spending.
- GAAP net loss of $153.4M ($0.91 loss per share) vs net income of $144.6M ($1.24 diluted EPS) a year ago.
- Net Bookings grew 60% to $1.38B; recurrent consumer spending rose 104%.
- Company updated FY2023 Net Bookings outlook to $5.2-$5.25B.
- Adjusted Unrestricted Operating Cash Flow for nine months fell to $122.9M from $278.7M prior year.