Take-Two Interactive Bounces Back With Adjusted Q2 Profit

Filed under: Earnings Reports, Electronic Arts (ERTS), Activision Inc (ATVI), Technology, Take-Two Interactive (TTWO)

Take-Two Interactive Software, Inc. (TTWO), whose competitors include Activision Blizzard, Inc. (ATVI) and Electronic Arts, Inc. (ERTS), has traded in a narrow range over the last twelve months. The 52-week low on the stock is an even $7; the 52-week high is $12.57. The stock closed Tuesday's session at $10.52. After the bell, the video-game publisher reported results for the second quarter. Shareholders can be thankful that the bottom line experienced a significant improvement.



On an adjusted basis, the company made 34 cents per share from continuing operations versus a loss of 4 cents per share from continuing operations in the year-ago period. Net revenue jumped over 50%.

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Take-Two Interactive Bounces Back With Adjusted Q2 Profit originally appeared on BloggingStocks on Tue, 08 Jun 2010 17:30:00 EST. Please see our terms for use of feeds.

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