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Take-Two reports Q3 GAAP EPS (71c), consensus (90c)

Reports Q3 net bookings $1.37B, consensus $1.39B. “We achieved solid results during the holiday season. Our Net Bookings of $1.37 billion were within our guidance range, as significant outperformance in NBA 2K helped to offset moderation experienced in several of our mobile franchises. At the same time, our operating results surpassed expectations, led by the upside from NBA 2K, as well as a shift in timing of expenses that benefited the quarter,” said Strauss Zelnick, Chairman and CEO of Take-Two (TTWO) Interactive.

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