Investing.com - Take-Two (NASDAQ:TTWO) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Take-Two announced earnings per share of $-1.54 on revenue of $1.39B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $1.56B.
Take-Two shares are up 6% from the beginning of the year and are trading at $93.26 , down-from-52-week-high.
Take-Two shares lost 13.97% 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, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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