FMP
Feb 9, 2024 1:17 PM - Davit Kirakosyan
Take-Two Interactive Software (NASDAQ:TTWO) experienced a decline of over 7% pre-market today following the announcement of an unexpected fiscal third-quarter loss and a downward revision of its annual forecast. The video game publisher cited challenges including a downturn in mobile advertising and lower sales for its NBA 2K24 basketball franchise as key factors behind its performance.
The company disclosed an adjusted loss of $0.54 per share, which did not meet the anticipated earnings of $0.72 per share.
Looking forward to fiscal 2024, Take-Two adjusted its net bookings forecast to a range between $5.25 billion and $5.3 billion, down from the previous projection of $5.45 billion to $5.55 billion. The company now anticipates a net loss per share ranging from $5.95 to $5.85, based on projected revenue of $5.27 billion to $5.32 billion. This marks a shift from earlier loss estimates of $5.62 to $5.35 per share, with revenue expectations previously set between $5.37 billion and $5.47 billion.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...