Investing.com - Take-Two (NASDAQ:TTWO) reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Take-Two announced earnings per share of $-0.76 on revenue of $1.1B. Analysts polled by Investing.com anticipated EPS of $0.8669 on revenue of $1.09B.
Take-Two shares are down 29.38% from the beginning of the year and are trading at $119.05 , down-from-52-week-high.They are under-performing the S&P 500 which is down 13.13% from the start of the year.
Take-Two shares lost 5.15% in after-hours trade the report.
Take-Two follows other major Communication Services sector earnings this month
Take-Two's report follows an earnings missed by Alphabet C on Tuesday, July 26, 2022, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.27 on revenue of $69.8B.
Alphabet A had missed expectations on Tuesday, July 26, 2022 with second quarter EPS of $1.21 on revenue of $69.69B, compared to forecast for EPS of $1.27 on revenue of $69.8B.
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