Take-Two: Fiscal Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Take-Two Interactive Software Inc. (TTWO) on Monday reported a loss of $54 million in its fiscal second quarter.

On a per-share basis, the New York-based company said it had a loss of 29 cents. Earnings, adjusted for amortization costs and stock option expense, were $1 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.

The publisher of "Grand Theft Auto" and other video games posted revenue of $1.5 billion in the period. Its adjusted revenue was $1.6 billion, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $1.66 billion.

For the current quarter ending in December, Take-Two said it expects revenue in the range of $3.35 billion to $3.5 billion.

The company expects full-year earnings to be 57 cents to 75 cents per share, with revenue ranging from $8 billion to $8.2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTWO at https://www.zacks.com/ap/TTWO