Investing.com - Take-Two (NASDAQ:) reported third quarter that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.9 on revenue of $1.57B. Analysts polled by Investing.com anticipated EPS of $2.76 on revenue of $1.51B. That compared to EPS of $1.12 on revenue of $480.8M in the same period a year earlier. The company had reported EPS of $1.52 on revenue of $583.42M in the previous quarter.
Take-Two shares lost 14.49% to trade at $91.74 in intra-day trade following the report.
Take-Two follows other major Technology sector earnings this month
On Monday, Alphabet C reported fourth quarter EPS of $12.77 on revenue of $39.28B, compared to forecasts of EPS of $10.82 on revenue of $38.91B.
Intel earnings beat analyst's expectations on January 24, with fourth quarter EPS of $1.28 on revenue of $18.66B. Investing.com analysts expected EPS of $1.22 on revenue of $19.01B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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