Take Two Interactive May Be Worth a Second Glance
Wall Street Cheat Sheet submits:
by David Gibbs
Shares of Take Two Interactive Software Inc. (TTWO) popped during after-hours trading following its report of a narrower-than-expected quarterly loss. The producer of smash hit video games such as “Grand Theft Auto” and “Borderlands” reported a net loss of $33.9 million, or $0.43/share, compared with a net loss of $50.4 million, or $0.66/share, for the same quarter last year. Consensus estimates were looking for a loss of $0.51/share.
Investing, Long Term Investment, stock market | admin March 4, 2010
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