FINWIRES · TerminalLIVE
FINWIRES

Update: Take-Two Interactive Software Fiscal Q1 Loss Widens, Revenue Increases; Fiscal 2027 Guidance Reiterated

By

(Updates with Grand Theft Auto release date in seventh paragraph.)

Take-Two Interactive Software (TTWO) reported fiscal Q1 loss Friday of $0.18 per diluted share, compared with a loss of $0.07 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.20.

Revenue for the quarter ended June 30 was $1.53 billion, up from $1.50 billion a year earlier.

Analysts expected $1.36 billion.

The company set its fiscal Q2 loss guidance to be between $0.84 and $0.75 on revenue guidance of between $1.42 billion and $1.47 billion. Analysts are looking for a loss of $0.74 on revenue of $1.75 billion.

For fiscal 2027, the company reiterated its EPS guidance of $0.55 to $0.75 on revenue of $7.90 billion to $8.10 billion. Analysts are expecting EPS of $1.73 on revenue of $8.53 billion.

The company also confirmed it is on track to release its Grand Theft Auto VI video game Nov. 19, which it has said has "historically accounted for a significant portion of our revenue."

Shares of the company were down over 1% in recent premarket activity Friday.

Price: $235.16, Change: $+2.69, Percent Change: +1.16%

Related Articles

Wire

Century Aluminum Q2 Adjusted Earnings, Revenue Rise

Century Aluminum (CENX) reported Q2 adjusted earnings late Thursday of $2.46 per diluted share, up from $0.30 a year earlier.Three analysts polled by FactSet expected $2.33.Revenue for the three months ended June 30 rose to $752.1 million from $628.1 million a year earlier.Four analysts surveyed by FactSet expected $817.2 million.The company's shares rose 1.6% in after-hours trading.

$CENX
Wire

JFrog Q2 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

JFrog (FROG) reported Q2 non-GAAP earnings late Thursday of $0.27 per diluted share, up from $0.18 a year earlier.Analysts polled by FactSet expected $0.24.Revenue in the three months ended June 30 rose to $163.8 million from $127.2 million a year earlier.Analysts projected $155.6 million.The company expects Q3 non-GAAP EPS of $0.22 to $0.24 on revenue of $164 million to $166 million. Analysts project EPS of $0.22 on revenue of $159 million.JFrog boosted full-year guidance to non-GAAP EPS of $0.96 to $1.00 on revenue of $648 million to $652 million. The prior forecast was EPS of $0.93 to $0.97 on revenue of $628 million to $632 million.Analysts expect EPS of $0.95 on revenue of $632.9 million.JFrog shares jumped 13% in after-hours trading.

$FROG
Wire

Reinsurance Group of America Q2 Adjusted Earnings, Revenue Rise

Reinsurance Group of America (RGA) reported Q2 adjusted earnings late Thursday of $8.89 per diluted share, up from $4.72 a year earlier.Analysts polled by FactSet expected $6.50.Revenue in the three months ended June 30 rose to $6.64 billion from $5.6 billion a year earlier.Analysts projected $6.67 billion.The company's shares rose 1.6% in after-hours trading.

$RGA