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Take-Two shares sank on top earnings estimates. But the forecast

  • August 2, 2021




    Video game giant Take-Two Interactive (TTWO) reported fiscal first-quarter 2022 results after the closing bell on Monday. Beats analyst expectations for the quarter. But it failed in the second quarter 2022 guidance.

    Here are the most important numbers from the SLOTXO quarter compared to what Wall Street had expected.
    For Q2 2022, Take-Two is forecasting revenue between $815 million and $865 million,

    lower than Wall Street's estimate of $868 million. The stock fell more than 3 percent on the news.Take-Two featured main titles like "Grand Theft Auto V," "Grand Theft Auto Online,

    Red Dead Redemption 2," and the "NBA 2K" franchise to boost sales over the past few quarters. in the past, but analysts are wary of the continued strength of those games in the future.
  • Jun 16
    lower than the projection of $868 million that was made by Wall Street. As a result of the announcement, the stock price dropped by more than 3 percent. Take-Two has been quordle successful in increasing revenue over the previous several quarters thanks in large part to primary games such as "Grand Theft Auto V," "Grand Theft Auto Online," "Red Dead Redemption 2," and the "NBA 2K" series. in the past, but many are skeptical about the games' ability to maintain their level of success in the years to come.
  • Jun 16
    lower than the projection of $868 million that was made by Wall Street. As a result of the announcement, the stock price dropped by more than 3 percent. Take-Two has been quordle successful in increasing revenue over the previous several quarters thanks in large part to primary games such as "Grand Theft Auto V," "Grand Theft Auto Online," "Red Dead Redemption 2," and the "NBA 2K" series. in the past, but many are skeptical about the games' ability to maintain their level of success in the years to come.
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  • Jun 27
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