Take-Two Sees Soaring Revenue and Bookings
Compared to the previous year period, Take-Two Interactive (NASDAQ: TTWO) saw revenue grow 56% in its third fiscal quarter ending 12/31/22. Bookings for the quarter grew 60% over the previous year to $1.38 billion. However, the company also reported a net loss for the quarter of $153 million versus net income of $145 million in the third quarter ending 12/31/21.
Analysis
Making a year-over-year comparison for Take-Two results is difficult as the company is absorbin.....