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 $0.77 on revenue of $996.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $824.06M.
Take-Two shares are up 37.25% from the beginning of the year and are trading at $168.03 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 26.59% from the start of the year.
Take-Two follows other major Technology sector earnings this month
Take-Two's report follows an earnings beat by Apple on Thursday, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.
Microsoft had beat expectations on Wednesday, July 22, 2020 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
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