offline
nach EA nun auch TTWO... 
Technology | Multimedia & Graphics Software | USA
What happened
Shares of video game developer and publisher Take-Two Interactive (NASDAQ: TTWO) slumped on Wednesday after the company reported its fiscal third-quarter results. Revenue and earnings exploded thanks to Red Dead Redemption 2, but concerns about a changing video game industry may have been too much to overcome. The stock was down about 13.3% at 12:55 p.m. EST.
So what
Take-Two reported third-quarter revenue of $1.25 billion, up 160% year over year. Net bookings were $1.57 billion, up 140% year over year and about $50 million ahead of the average analyst estimate. Digitally delivered net revenue more than doubled to $594.7 million, accounting for nearly half of total revenue. Earnings per share was $1.57, up from $0.21 in the prior-year period. The bottom line benefited from the release of valuation allowances related to deferred tax assets.
...
Now what
While Take-Two's results were positive, investors may be concerned about the company's ability to adapt to a changing video game industry. Free-to-play games like Fortnite have become extremely popular, and this trend could threaten Take-Two's dependence on blockbuster games to drive growth.
...
https://finance.yahoo.com/news/why-share...00237.html
![[Bild: TTWOc1dl1609.png]](https://finviz.com/publish/020619/TTWOc1dl1609.png)
Technology | Multimedia & Graphics Software | USA
What happened
Shares of video game developer and publisher Take-Two Interactive (NASDAQ: TTWO) slumped on Wednesday after the company reported its fiscal third-quarter results. Revenue and earnings exploded thanks to Red Dead Redemption 2, but concerns about a changing video game industry may have been too much to overcome. The stock was down about 13.3% at 12:55 p.m. EST.
So what
Take-Two reported third-quarter revenue of $1.25 billion, up 160% year over year. Net bookings were $1.57 billion, up 140% year over year and about $50 million ahead of the average analyst estimate. Digitally delivered net revenue more than doubled to $594.7 million, accounting for nearly half of total revenue. Earnings per share was $1.57, up from $0.21 in the prior-year period. The bottom line benefited from the release of valuation allowances related to deferred tax assets.
...
Now what
While Take-Two's results were positive, investors may be concerned about the company's ability to adapt to a changing video game industry. Free-to-play games like Fortnite have become extremely popular, and this trend could threaten Take-Two's dependence on blockbuster games to drive growth.
...
https://finance.yahoo.com/news/why-share...00237.html
